Cost Cutting for Success: Factors Influencing Costs

  • George Williams ULHT

Resumo

Irrespective of whether an airline has high or low operating costs, a thorough knowledge and breakdown of them is vital in order for management to:

• monitor performance (to check if targets / budgets are being met. If not, remedial action can be taken)
• set appropriate fares and tariffs
• evaluate new routes, aircraft acquisition and outsourcing opportunities

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