Financial planning is the standard measure of the next mission's legibility. Making revenue and cost
planning is the first step of financial planning. The good planning is the accurate, realistic and operative
planning. Making consistent and synchronized revenue and cost planning is always the most complex problem
met in the planning process, and the solution is to base the revenue and cost planning on technical performance
and operational planning.
Revenue and cost planning highlights:
Create revenue planning and sale quality (yield) estimation for each sector, each aircraft, each districts per time units
Create Direct Operational Cost (DOC) plan for each sector, each aircraft, each district, and each cost center per time units based on route plan and revenue plan.
Create Indirect Operational Cost (IOC) plan for each cost center per time units based on its work plan and prorating per leg
Calculate Break Even Point of every leg to attain the minimum limit of sale quantity (seat factor) and sale quality (yield / tariffs)
Calculate sector profitability based on revenue plan, passenger-related costs, flight-related costs, and overheads / administrations.
Measure planning vs. implementation deviation from operational and financial point of view.