I will be giving a lecture on 7th December at the University of Westminster, London as a part of the
Introduction to Air Transport Business and Management seminar.
Here is a brief summary of my talk:
The ability to quantify the cost of change or disruption cost, and understand their root causes can bring profound changes in planning and control of airline business. Not many airlines have this ability due to the numerous constraints. Among them is the traditional costing system, useful for accounting and general management purposes but insufficient to manage the business. There is a need for a new, systematic approach to cost control that crosses departmental and information barriers. How can this be achieved in the absence of integrated information systems?