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Airport Financial Management (Classroom, 5 days)


DescriptionSchedule

About

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

What you will learn

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

Course content

Current events in aviation

  • Air policy liberalization
  • Low cost airlines
  • Airport privatization

Managing airport privatization

  • Risk elements
  • Developing a business plan

Analyzing airport costs

Controlling operational costs

  • Analyzing revenue and profitability
  • Cost re-balancing process

Managing shareholder relations

  • Attracting capital
  • Capital funding sources
  • Managing shareholder value

Airport pricing strategies

Download full outline (pdf)

Activities:

  • Final exam

Certificate awarded

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.

Who should attend

This course is recommended for:

  • Airport and Airline Managers, Accountants, Treasurers and Controllers
  • Financial Managers and Analysts

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Additional information

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