Given a flight schedule and fleets of different types of planes, the f
leet assignment problem is to determine the type of plane to assign to
each flight segment. The fleet assignment problem is modeled as a mul
ticommodity flow problem on a time-space directed network. This paper
studies the complexity of the problem and the behavior of the solution
as a function of the number of fleets. An analytical expression is gi
ven for the minimum number of planes required by one fleet; the comple
xity of the feasibility problem for two fleets is unknown and for thre
e fleets it is NP-complete. Also, the ratio of the minimum number of p
lanes required by K fleets to the minimum number of planes required by
one fleet can be at least as large as 3/8 log2 K and the LP relaxatio
n of an integer problem for the minimum number of planes required by K
fleets can be quite bad since its optimal value equals the minimum nu
mber of planes required by one fleet. When a frequently used connectiv
ity condition is imposed, the one-fleet problem is NP-complete. We als
o analyze a model in which the constraints on the size of the fleets a
re omitted. Here the 2-fleet model is a network flow problem, but the
minimum cost problem for 3 fleets is NP-hard.