PCM for Airlines

Profits through Cost Management (PCM) is a framework consisting of a set of proven Activities, Methodologies, Controls, Analysis and Tools to facilitate Planning, Monitoring, Analyzing and Controlling the Cost of operations of an Airline. PCM is an innovative Airline financial management and control framework evolved by Airline industry veterans based on their extensive experience working in national and international network carriers.

Airline management has to deal with the ever increasing challenge of generating profits in a competitive business environment that is dominated by price wars and competition from local and international carriers. While undercutting on price is never a strategy for long term sustenance, there is an increasing need to cut / contain costs to improve the bottom line.

Considering the complexity of cost management in Airlines PCM follows an integrated multi-dimensional approach to ensure measurable success. PCM approach is systematic so that Airlines who are not so familiar with these methodologies are taken through a step-by-step adoption to effectively institutionalize the methodologies, controls and tools. Airlines who might have already found success in adopting some of the above methodologies and tools are encouraged to evaluate their PCM maturity to ensure that they are in line with industry best practices.