Hi Susan! Welcome to the Disney Parks Moms Panel!
I love all the thought you are putting into your itinerary planning!
Magic Kingdom Park has a lot to offer and with a great plan in place, you can accomplish a LOT. You are going to have so much fun!
There are some entertainment offerings that you don't want to miss and the
Disney Festival of Fantasy Parade is certainly one of them! I'm happy to hear that you are planning to watch it. If you click on the link I included above and look at the map on that page, zoom into Magic Kingdom Park and look at the solid blue line that travels through the theme park. That is the exact parade route. It begins in the area between Adventureland and Frontierland, takes a right in Liberty Square towards the front of
Cinderella Castle, extends down Main Street, U.S.A., then exits by
Harmony Barber Shop.
While it doesn't pass directly by
The Magic Carpets of Aladdin, it does pass close to there through Frontierland. This is near the beginning of the parade, so you will want to be in that area when the parade begins to make sure you don't miss any of the parade! Most days, the parade begins at 2:00 PM, but you will want to confirm that when you arrive.
I hope this helps, Susan! Please let us know if you have any other questions.
Tabitha