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Airport Financial Management (Classroom, 5 days)


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About

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.

Course format: This course is available at IATA Training Centers, regional partner locations, and on-demand as in-company training. This course provides 40 hours of instruction delivered by an official IATA Instructor.

Next class

May 11 - May 15, 2015 - Singapore (IATA)


2 additional classes are scheduled. See all

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

Who should attend

This course is recommended for:

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

Prerequisites: Participants should have basic knowledge of finance and accounting principles

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.

This course is a step towards earning an IATA Diploma in:

Additional information

About IATA Classroom Training
We train more than 10,000 aviation professionals annually through our global network of IATA Training Centers, Regional Training Partners, and in private in-company sessions. Our 200+ classroom courses are developed using IATA’s unique industry insight and delivered by IATA Instructors, experts in their fields.  More

Subject areas

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Additional information

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