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Cost Reduction Strategies |
Maintain a viable cost-reduction program.
Goals
Upon completing this course you will have the skills to:
Identify key drivers of airline profitability and shareholder value
Determine the impact of global economics on your airline’s cost base
Assess the latest technologies airlines are using to lower costs while simultaneously raising revenues
Evaluate the long-term prospect for cost management
Apply real-life examples of cost management techniques and technological adoption at world-class airlines
Audience
This course is recommended for:
Financial controllers
Cost and management accountants
Costs analysis managers
Operation cost control managers
Course Content
Factors driving costs in areas such as fuel, labor, distribution, inventory management, corporate purchasing, fleet planning, airport and flight operations and foreign exchange
Identification and analysis of dual-purpose strategies: is it a a revenue generation strategy or a cost management strategy?
Outsourcing versus insourcing; buying versus leasing; self versus third party distribution, etc.
IATA’s Simplifying the Business (StB) Program
This course is:
Required for Airline Cost Management Diploma
Elective for Senior Diploma in Airline Management
Course Date: 2011
Course fee: USD 1400 for Russia and CIS, USD 1600 for other countries
Course length: 4 days
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