Systems and methods for predicting usage based lifing and low cycle fatigue consumption are provided. In one example embodiment, a method can include obtaining historical flight data associated with one or more gas turbine engines of an aerial vehicle; obtaining data indicative of one or more operational conditions of the aerial vehicle during an operating period; determining whether the flight data is indicative of a usable flight; and constructing a model correlating low cycle fatigue consumption with flight data using a machine learning technique.