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.