From a high cost to a low cost airline - How to achieve cost savings and higher efficiency in finance and purchasing

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Masterclass A

Masterclass B

Masterclass sponsor

Masterclass objectives

1. Introduce strategic cost management as a critical success factor for
   airlines
2. How processes in purchasing, accounting and controlling are integrated with contract management
3. Streamline processes in accounts payables and receivables.
4. Provide best-practice experience of other airlines in achieving cost savings and higher transparency.

Agenda

9:00

9:15


9:45


10:45

11:15


11:45


12:30

1:30



2:30


3:15

3:45


4:15

Introduction: Strategic cost management as a critical success factor

Case study :Sun Express - An integrated contract management as a data hub for purchasing, finance and controlling

Best practice: Project TAKE-OFF – How Hapagfly has achieved cost savings and higher efficiency (Roland Taylor, Operation Manager, Hapagfly, Germany)

Morning refreshment break

What will the future bring? How airlines can simulate and evaluate future business scenarios like the fuel price development or new competitors

Best practice Thomsonfly: Streamlining the processes in accounts payables and receivables (Martin Hardy, Business Integration Manager, TUI UK, UK)

Lunch

Airpas contract management - All major flight related costs and services in one central source of information
•   airport charges - fuel management – overflight tariffs – catering and inflight sales

Airpas sector profitability calculation – Information at your fingertips
•   actual - forecasting - ad hoc calculations - reporting

Afternoon refreshment break

IATA invoice works – a standard for the aviation industry to exchange invoices and other documents electronically

Airpas automated invoice checking and invoicing – Trust is good, control is better
•   Checking and reconciliation of electronic and paper based invoices
•   Automated self billing and invoicing
•   A workflow integrated with IATA invoice works

About your leaders

Gerd Pontius is Executive Director and one of the founders of the Airpas Aviation Ag. As a business consultant he has over 15 years experience in the Aviation Industry and has supported international
airlines like Lufthansa, Thomas Cook, Britannia Airways, Hapag-Lloyd Express etc.

Roland Taylor has been working primarily in airline management positions since 1975. Since 1990 Roland Taylor has been responsible for major cost cutting and consolidation exercises. Presently Roland Taylor has the function of Director Operations Management within the TUI Airline Management Group.

Martin Hardy is an experienced project manager who has spent more than 9 years within the airline industry in a variety of senior financial management positions, and more recently leading a number of strategic change and cost cutting programmes within the TUI group.

Masterclass will commence at 9.00 am and conclude at 5.30 pm.

Register now for Masterclass C!