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As a major player in the airline financial domain, we at Accelya are keenly observing industry trends and listening to the views of airline finance professionals. In September 2015, we conducted an online survey with airline financial professionals who were attending the IATA World Financial Symposium 2015. The key objective of the survey was to monitor airline financial health and identify initiatives undertaken by the airlines to improve
‘Airline Finance Professionals’ Outlook 2016’ presents findings of this survey conducted with over 60 professionals from 42 airlines, across initiatives on Cost Control, Payment Management, Alternate Forms of Payment and adoption of Analytics for decision making within their airline. It also presents the industry’s outlook on IATA’s New Distribution Capabilities (NDC) initiative regarding airline awareness, readiness and its impact on Revenue Accounting processes.
This is the 2 consecutive year where we are presenting consolidated views of airline finance professionals. We are thankful to all the participants for sharing their outlook with us. We hope you will find the report informative.