IATA Slot Conference, Vancouver
APM will be there to present their latest scheduling, slots and profitability scenario software.
APM will be there to present their latest scheduling, slots and profitability scenario software.
APM’s at the heart of aviation industry this week: We’re exhibiting at the bi-annual IATA Slot Conference, which begins in Prague today.
Our focus for this event is network profitably.
In particular, we’re demonstrating how APM’s powerful suite of simulation tools, developed by our team in Geneva, really help.
When it comes to forecasting profitability, ProfitSim is a tool that inspires confidence.
A powerful forecasting application, ProfitSim let’s users test the profitability of schedule scenarios – from a single rotation, sector or route, right through to an entire network.
It’s flexible too. For instance, ProfitSim can calculate projected flight revenue forecasts based on seat load factors.
The application is able to calculate revenue, direct operating costs and allocate overheads to generate a net profitability forecast.
Crucially, ProfitSim helps airlines identify potentially loss-making and low-margin flights; delivering vital insight that informs flight operation decision-making.
It’s the combination of APM’s simulation tools that make them such valuable operational and strategic tools.
Take ScheduleSim with ProfitSim, for instance: By combining the power of APM’s schedule scenario planning tool and forecasting application, airlines can pinpoint profitability by network, schedule, fleet, route, flight type and destination.
ScheduleSim offers the capacity to create potentially limitless scenarios, export them to ProfitSim, and then analyse each scenario against a customisable database of supplier and direct operating costs in order to calculate the profitability per scenario.
Once the best schedule option’s been selected, ScheduleSim allows users to prepare and submit slot submissions and export the selected schedule scenario into SchedulePlanner (or an airline’s current live production schedule software).
ProfitSim and ScheduleSim are just two of the many reasons airline’s worldwide rely on APM’s suite of scheduling and slot management, and flightwatch, crewing and commercial software.
So, if you’re at Slot Conference this week, be sure to stop by to take a look at ProfitSim at Slot Conference this week.
APM’s Dr Nik Eggenberg will demonstrate how the adoption of ‘column generation’ algortihms within crew simulation software can deliver a performance improvement of between 3–5 per cent when he speaks at AGIFORS’ Crew Management conference in Frankfurt later this month.
Using evidence drawn from real-life airline case studies, Nik will highlight how an optimiser applying metaheuristic column generation, such as that adopted in APM’s crewing simulation environment CrewSim, can generate greater efficiencies in the identification of crew establishments, optimisation and post-flight performance analysis.
He will explain that a column generation-based optimiser enables users to tackle multiple-objective optimisation one KPI at a time.
By translating algorithms into a dynamic user-friendly interface — with graphs enabling easy identification of the best pareto-optimal solution and post-flight performance analysis — users are able to easily identify both individual KPIs, such as individual duty time, that can simultaneously contribute to the identification of broader, targeted, KPIs such as optimisation of block time.
Nik will deliver his presentation — called ‘A Roster Simulation solution for Optimisation Establishment and Performance Analysis’ — at the AGIFORS event on 18 June.
The IATA Slot Conference was as busy as ever and a delightful opportunity to catch up with colleagues old and new.
Following a period of development, APM demonstrated new modules ScheduleSim and CrewSim, in addition to its existing scheduling, slot submission, flight operations, crew management and financial modelling and decision making tools.
Feedback from conference delegates was positive and we look forward to discussing ScheduleSim and CrewSim further with those that expressed an interest.
If you’d like to find out more about the software and support APM offers please email us at info@apmtechnologies.com or call us on +41 22 717 84 99
We will be at the CAPA’s ‘Airlines in Transition’ Conference in Dublin on the 10th/11th April 13. We look forward to meeting you there.