How It Works
Airline Cargo Revenue Accounting Skills
New Digital Age
This course is designed with the view of digital age and the entire digital process in the industry. The course also guides participants how they can contribute effectively to the airline.
1. Airline Cargo Eco System
- Business of cargo transportation
- Regulatory environment
- Fleet, route, and network
- Revenue Stream
- Cost structure
- Business models
- Key functional areas
- Core systems
- Key terminologies and measurements
2. Cargo Revenue Accounting- Key concepts
- Revenue documents & data elements
- Revenue accounting life cycle
- Channels of sales
- Forms of payments
- Reporting & Settlement
- Sales
- Refunds
- Flown
6. Billing & Settlements
- Outward Billings
- Inward Billings
7. Payments
- Overriding Commission
- Productivity Linked Incentives
8. Rating & Capacity
9. IATA Standards
10. Interline Agreements & sharing of revenue
11. Data Sources & Interfaces
12. Business information feed to Cargo Management
3. Cargo Revenue Accounting System Functionally
The system handles data capture, online validations, data processing, outputs and interfaces (both from internal and external systems), quality control reports, and process information to other company systems.
4. Revenue Leakage & its protection
Airline revenue is exposed to abuses and leakages. The leakages are defined as revenue that is intended to be received is not received. Airline cargo revenue is exposed to abuses and leakages are defined as revenue that is intended to be received is not received.
5. Revenue dilution insights to commercial and revenue management for revenue enchantments
There are several factors that can impact airline revenue. These factors are beyond the administrative control of the airline. However, Airlines can make policy change to rectify or mitigate the impact.
Revenue Accounting is well positioned to identify reasons for revenue such as dilutions and provide regular feedback to stakeholders for rectification.