Course Name:
Airline Costing - Measuring the Profitability of Routes and Products
Duration:
4 Days
Scope:
Airline Management
Conducted By:RTC
How Will I Benefit?
Participants will gain a better understanding of airline economics, & how to judge the value of operations, products & business segments in a competitive airline environment You will also learn how to use activity costing to improve the coordination of commercial & operational activities. By the end of the seminar, delegates will understand different airline business models; & how to respond to the cost advantages of low cost carriers.
Who Should Attend?
The course is designed for airline & airport managers, staff in government departments & civil aviation authorities, & consultants wishing to gain a thorough understanding of airline economics. Typical attendees will be corporate planners, fleet planners, schedulers, economists, cost accountants, route managers, sales & marketing managers & those concerned with airline efficiency improvement.
Course Contents:
- Handling the complexity of airline costs & data
- Measuring profits from operations, routes, products & sales
- Understanding profit movements:- yield, unit cost & break even analysis
- Developing airline strategies using activity costing
- Comparing conventional, charter & low-cost carriers;
- Benchmarking, controlling & reducing costs; the impacts of new business processes, out-sourcing & off-shoring
- Relating costing and pricing under regulatory overview