Airport Financial Management (Classroom, 5 days)

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.

This course is available at IATA Training Centers and Regional Training Partner locations, and on-demand as in-house training.

Course Code: TAPG-14

Course format

• This classroom course provides 5 days (40 hours) of instruction delivered by an official IATA Instructor.
• Student performance will be based on an assessment

Prerequisites

• Participants should have basic knowledge of finance and accounting principles
• Recommended level is Intermediate and Advanced
• The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or the equivalent level for other languages.

How to register

• To attend a class scheduled at one of our training centers: Register early and save up to 20%! Please read the Terms for the early bird discount. The discount will be calculated at the time of payment.
• To arrange in-house training for your company: Complete the in-house training request form or contact the salesperson in your region.

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

Who should attend

This course is recommended for:

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

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.