This content (course) is part of the Foundation Training content category. Please refer to the respective link in the Side Menu for more information on this category and available content in other topics. Like other Foundation Training category courses, Business Planning for Air Carriers is structured in lessons with integrated Progress Assessment Tests (PAT), intended for use as either a self-assessment or formal assessment mechanism to check the levels of performance of the trainees in each lesson and a Course Completion Examination (CCE) assessing trainees' overal course performance.
Content Profile
Content Aim
To provide trainees with information and basic knowledge for their participation in business planning of AOC operators. Planning process may be used for the issue of initial Economic Operating License (EOL) or the updating of the operators’ activities and highlights most important information on company resources, operations, target markets, planned activities as well as respective economic figures over a 3 to 5 year period.
Content Language
English
Content Description
Training content on Business Planning for Air Carriers includes methodologies and tools for:
- presentation of the “current situation” of the air carrier with reference to incorporation details, company scope, its organization present structure and management, as well as human and material infrastructures.,
- overview of company goals, related strategies for their accomplishment and respective significant changes in operational activities in support of their implementation. Reference is made to services (current and planned) provided in each market (e.g. charter and scheduled flights).
- presentation of current and new destinations to be served with the use of existing and any new aircraft to be acquired by the operator
- economic analysis (including operating assumptions) of company operations (based on existing and new aircraft) during the 3-5 year planning period (revenue forecasts from scheduled, charter or ACMI flights, flight cost analysis, operating cost analysis, projected Profit & Loss Account, projected Cashflows)
- workshop on preparation of business plan on the basis of data provided through a case study
Trainee Progress Monitoring
Progress Assessment Test(s) (PAT) at the end of of the lesson(s) as well as assignments set by the trainers. PAT are based on multiple choice and open-ended questions similar to those included in the Course Completion Examination (CCE). PAT can be used as either a self-assessment or formal assessment mechanism with recorded test scores and pass levels adjusted by the training provider.
Final Examination Method
Course Completion Examination (CCE) held at the completion of the course for the formal documentation of the performance of the trainees. Based on multiple choice questions with a single correct answer as well as open-ended questions. Examination scores are recorded. The pass levels and the total number of sittings (initial and retakes) can be adjusted by the training provider.
Recommended Academic Background of Trainees
Good knowledge of English Language is required as well as a general educational background of at least secondary education level although studies at university level are recommended. Participant's ability to analyze information and take decisions on the basis of available data will be very supportive for better exploitation of the content and successful completion of the course.
Prior Working Experience of Trainees
Trainees with a working experience in an air carrier or other related experience may be better benefited from this content.
Content Delivery Options
Content can be delivered in one of the following options:
- through elearning platforms (delivered either through AviationEU elearning platform or supplied in Shareable Content Object Reference Model (SCORM) standard for use by the customers in different Learning Management Systems (LMS),
- through physical classroom sessions (supplied in digital form for use by the customers through their own computers, visual aids and other infrastructure).
Additional Information
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