Airport and Airline Economics
Analyse factors affecting the performance of airports and/or airlines operations and recommend actions for improvements
Type
Functional
Competency Area
Commercial Management
Levels
Calculate metrics to evaluate performance
Collate relevant data for calculation of key performance metrics to measure airports and/or airlines operations
Calculate performance metrics based on established guidelines
Conduct research to identify trends that impact seasonality and variations in air travel
Analyse the performance of airports and/or airlines operations
Appraise performance of airports and/or airlines operations by benchmarking organisation’s performance against industry standards
Evaluate the feasibility of business improvement strategies to ensure compliance to regulatory requirements
Highlight areas of potential cost savings for airports and/or airlines through the adoption of business improvement initiatives
Implement business improvement initiatives to support strategies that improve the performance of airports and/or airlines operations
Formulate strategies to enhance airports and/or airlines operations
Review financial statements to determine the profitability of airports and/or airlines operations
Gauge the impact of overall business strategies on commercial objectives for airports and/or airlines
Lead environmental scans to identify market trends which may impact passenger movements
Develop commercial objectives for airports and/or airlines taking into account changes in regulatory requirements and factors which impact passenger movements
Develop strategies to improve performance of airports and/or airlines operations