Cost Reduction Strategies


Cost cutting is no longer the solution to sustainable profitability, the key to success is finding creative ways to prevent costs.



How You Will Benefit

  • Improve your understanding of key drivers of profitability and shareholder value
  • Develop a Cost Re-Balancing Program that will ensure the long-term financial viability of your airline
  • Identify crucial areas where costs can be prevented or reduced
  • Create and implement a formal cost review process

Designed for

  • Chief financial officers and financial controllers
  • Cost and management accountants
  • Costs analysis managers
  • Operation cost control managers
  • Divisional managers

Course Content

  • Identifying areas for cost prevention and reduction
  • Understanding the factors driving costs in areas such as distribution, inventory management, space management, corporate purchasing, fleet planning, airport and flight operations, etc.
  • Applying cost reduction strategies using worksheets to organise and manipulate data
  • Developing and implementing effective cost-containment programmes
  • Sustaining the impact of your cost-reduction programme
  • Assuring participation at all levels

Classroom Courses

September 15 - September 18, 2008
Montreal, CanadaClass No : 13394
Please note that if no sessions are listed above, then this course is currently not scheduled for delivery in our IATA classrooms.

All IATA courses can be delivered to your offices and tailored to your organisation's reality and needs. If you have a group of 15 or more individuals for this course, please contact us at training.ymq@iata.org and we will provide you with information about bringing this course to your offices at a time convenient for you and your staff.

Diplomas
This course is :
Customised Training
All IATA courses can be delivered to your offices and tailored to your organisation's reality and needs. More details