QuoteManager

In the complex and dynamic aviation arena of today, it’s vital for an airline to quote quickly and accurately for any sub charter activity, ensuring competitiveness and maximising profitability.

QuoteManager provides you with a powerful financial modelling tool, capable of calculating flight profitability by simulating revenue and costs. The system maintains a financial database of direct operating costs including handling, engineering, parking, fuel, passenger taxes, over-flight, catering, crew, cargo, distribution and overheads. By maintaining your supplier rates within the module, the system can calculate all the expected charges on any given schedule. Each cost is maintained in a ‘cost set’, and these can be copied and adjusted enabling evaluation of costs based on future inflation or expected supplier increases.

The product includes a currency database so that all costs may be transferred from the suppliers’ currency to that of your airline’s accounting currency.

The system will calculate the seat rate revenue required to earn your preferred level of margin, based on your anticipated seat load factors. As the system generates expected revenues and costs for the flight, it will identify profitability; users have the option to adjust revenue margin as so desired. Once the financial implications of a flight are calculated, a full quotation may be produced, stored and sent to your distributor. Every quote is recorded so that you can refer back to any of your previous quotations. Once a quote is accepted it can be marked accordingly and the flight added to the live schedule.

QuoteManager offers:

• Graphical and text display of schedules
• Full supplier ‘cost sets’ for accurate simulation
• A revenue margin adjustment wizard
• Multiple currency sets for financial transparency throughout the simulation
• Cost and currency set adjustment wizards
• Tax code dictionary
• A supplier database
• An airport database
• A distributor database
• A quotation list
• A cost adjustment audit log

QuoteManager simplifies the process of submitting accurate and profitable flight quotations.

ProfitMaster

Fleet Schedule Profitability Analysis

In the complex and dynamic environment that is today’s aviation market, an airline must constantly review its current and future schedules to ensure it is competitive and maximising its profitability. ProfitMaster is a powerful financial modelling tool that can calculate the profitability of your airline by simulating the revenue and costs generated by your schedule. The module maintains various ‘schedule sets’ so that your commercial department can amend schedules and then evaluate their profitability, thereby selecting the schedule with the maximum possible financial yield. These scheduling scenarios are displayed in both a graphical and a text-based format.

The system crosschecks every solution with a database of direct operating costs, including handling, engineering, parking, fuel, passenger taxes, over-flight, catering, crew, distribution and overhead costs. Once you have entered your supplier rates within the module, the system will calculate all the expected charges on any given schedule. Each cost is maintained in a ‘cost set’, and these can be copied and adjusted, thereby enabling the user to evaluate the impact of any future inflation or expected supplier increases on costs.

The product includes a currency database that converts the costs in your supplier’s currency to your own accounting currency. In addition, there is a ‘revenue by destination’ database enabling the system to calculate the projected revenue of a flight with any anticipated seat load factors. As the system generates expected revenues and costs for each flight, it can also identify profitability, even for the entire flight programme. Of equal importance, it will identify loss-making or marginally profitable flights so that appropriate decisions can be made prior to flight sale and operation. ProfitMaster ’s results can be reviewed by network, by schedule, by fleet, by route, by flight type and by destination, helping to identify key performance indicators in your schedule.

A number of reports are also available from the system identifying costs, revenue, profitability and the contrast between actual and forecasted performance.

ProfitMaster can import the planned live schedule from APM’s SchedulePlanner, and can also export schedules to SchedulePlanner without the need for any intermediary.

ProfitMaster offers:

• Graphical and text portrayal of schedules
• Graphical views of schedules feature easy scrolling with ‘drag and drop’ options
• Easy to use functionality for amending schedules in ‘what –if’ simulations
• SSIM ingest and schedule copy functionality
• Storage and simulation of multiple schedules
• Multiple supplier ‘cost sets’ for simulation
• Multiple ‘revenue sets’ for simulation
• Multiple ‘currency sets’ for simulation
• Revenue, cost and currency ‘set’ adjustment wizards
• Inflation grid matrix wizard
• Tax code dictionary
• A supplier database
• An airport database
• Profitability simulations and reports by schedule, fleet, destination or route
• The ability to generate schedule profitability comparison reports
• Allows reports to be extracted into Excel
• SSIM extract function
• Integration options to your general ledger

Streamlines the process of identifying fleet profitability,providing a far more accurate picture of your business performance.