Learn how to control costs and manage a profitable airport.
Over the next decade airports need to expand and diversify their business in order to keep up with the increasing demand for air travel, and financing this development can be challenging.
Improve your understanding of the air transportation system, and analyze current financial industry trends and how they impact your airport. Examine the importance of implementing strong management control systems and learn how to successfully forecast your business. Evaluate the benefits of efficient customer service and how it relates to a successful pricing strategy.
Available as: Classroom & In-Company course
Duration: 5 days (40 hours)
Recommended level: Professional and Management
Prerequisites: Participants should have basic knowledge of finance and accounting principles
Upon completing this course you will be able to:
Assess financial performance and forecast demand
Manage shareholder relations
Evaluate privatization and re-structuring options
Understand and accommodate the needs of customers
Analyze the industry's financial trends and their impact on strategy and operations
Current events in aviation
Air policy liberalization
Low cost airlines
Managing airport privatization
Developing a business plan
Analyzing airport costs
Controlling operational costs
Analyzing revenue and profitability
Cost re-balancing process
Managing shareholder relations
Capital funding sources
Managing shareholder value
Airport pricing strategies
Download full outline (pdf)
An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.
Graduates of this course can apply for the Harvard ManageMentor (HMM) distance learning program at a special graduate price.
Improve your language skills through our joint programs with Rosetta Stone®, Berlitz® and other specialized language programs. More
This course is recommended for:
Airport and Airline Managers, Accountants, Treasurers and Controllers
Financial Managers and Analysts