Airport Route Development with Forecasting Simulation - Advanced (classroom)

3-day (24 hours) classroom course

Strategic planning and decision-making: a big picture approach for a big business. Airport managers have the challenging job of ensuring safe, efficient operation in a complex and growing business. This course uses intensive training and exercises to help you identify your airport’s business challenges and address them at the individual, team and unit levels. Learn key strategic management techniques that will help you keep your operations in line with your strategy and deliver sustainable results.

Learn about airport management through this interactive course, providing you with in-depth theory of airport management, which is practically applied in a two-day simulation exercise. Key aspects of airport management will include airport strategy, the balance between capacity and demand, options for airport growth, optimal operational models, appropriate airport charges, market development, and potential for non-aeronautical revenues.

You will be required to analyze the impact of your new airport management skills using a business dashboard, demonstrating your actions to realize positive financial returns on an increase in air traffic growth (above GDP), through revenues, expenses and investments. As a member of the management team in the business simulation exercise, you are responsible for both short-term revenues, including commercial initiatives related to market developments, and the long-term strategy that may include capacity expansion during your virtual 10-year tenure.

Course Code: TAPG-73

Course format

• This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
• Take this course at an IATA Training Center, Regional Training Partner, or on-demand as in-house training.
• Student performance will be based on an assessment.

Prerequisites

• Participants should have completed IATA Airport Route Development and Commercial Management course (TAPG-47) or have proven 5 years work experience on airport route development.
• Recommended level is Intermediate and Advanced.
• The recommended level of language proficiency is ICAO Operational Level 4 or the equivalent for courses held in languages other than English.

How to register

• When you click the Register button, you will be directed to log in to your Training Account.
• Register early and save up to 25% at our Training Centers! Please read the Terms and Conditions for the early bird discount.

In-house training

To arrange in-house training for your company, please complete the in-house training request form or contact the Training Specialist in your region.

Upon completing this course you will be able to:

• Discuss the latest strategies of airlines and airports
• Design and implement effective route development strategies for different types of airlines
• Use the different types of route forecasting and apply them using route scenarios in the BEONTRA forecasting simulation software
• Exploit the new data sources for building robust route development case studies
• Conceptualize and implement the different novel ways to support airlines

The key topics that are covered during this course include:

• Latest trends in traffic development
• The new airline and airport business strategies
• Modernizing airport charges
• Airport charges and low-cost carriers
• Re-designing route development strategies
• The new incentives
• Selecting the right way of route forecasting
• Using the BEONTRA Forecasting software in real-time, using different scenarios to identify the right fit on a specific route
• Evaluating route performance
• The self-connecting passenger and virtual connectivity
• Identifying markets from new data sources
• Co-developing markets
• Non-financial and marketing support options
• Stakeholder marketing cooperation

This course is recommended for:

• Airport route development managers and Executives
• Airport managers and consultants
• Airport operations managers and consultants
• Airlines affected by airport privatization

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.

____________________________________

Over 40 international airports use BEONTRA’s Route Forecasting solution to run highly detailed analyses focusing on:

All modules of the BEONTRA Route Forecasting solution are based on state-of-the art web application technology (accessible via the web browser and internet/ intranet connection).

About BEONTRA: BEONTRA provides integrated, intelligent solutions around planning and forecasting. Machine learning algorithms, and data intelligence provide actionable predictions. Route Forecasting solution gives airports tools to understand markets and travel patterns for more accurate route forecasting. It helps creating comprehensive business cases and presentations with market sizes, passenger flows and connection points.