SENSITIVITY BASED TRADE-OFFS
No matter how accurate a profit forecast is, reality is always different. That's why it is also important to understand the sensitivities of a decision; how much deviation from the assumptions made would lead to a different decision?
Our methods and our project approach are based on this principle.
Read more about:- Thorough sensitivity analysis.
- Multi scenario compare
- Transparent project approach
Our financial estimations are built from a very
detailed level. This also allows very refined and comprehensive sensitivity analysis. Uncertainties
like fuel price, exchange rates and various market factors are easily analyzed and understood. In
fact, it is possible to just about any factor and combination of factors.
The sensitivity analysis provides full insight in the implications and possible risks of a planned schedule and thus forms an optimal preparation of a final management decision.
MULTI-SCENARIO COMPARE
Changing one schedule can easily cause a domino effect of other changes. That's why
improvement options can only be judged when all the implications and side-effects for the rest of
the production are clear.
Some of these side-effects won't be revealed before fully
elaborating a new schedule and calculating the costs, effects on (cargo) flows and revenues. It's a
lot of work, but we have highly streamlined this process with efficient tools and safeguards to
compare on equal grounds.
Due to this streamlining, it is feasible to compare several
scenarios in a reasonable time. It broadens the trade-off possibilities, allows for a thorough
compare of decision alternatives and lowers the threshold for blank sheet explorations in search of
out-of-the-box solutions.
Multi-Scenario Compare is also a great way to clear fundamental
differences in vision with facts, rather than with assumptions.
TRANSPARENT PROJECT APPROACH
Network changes affect many different departments in an airline.
Therefor it is important that changes do not come from an ivory tower and must be the fruit of a
transparent and open process.
For this purpose, we always team up with company professionals. Our elaborate tool kit allows insight in the schedules from a great range of angles, covering the specific needs of each discipline and department in the airline.
The projects are always set up to involve the team in every step taken, from defining the objectives thru each sub-decision towards the final recommendation. This enables full insight by the project team in the implications of the plan so they can advise about the merits of the final recommendation.
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