How Much More Revenue Can PASSUR Pulse Bring to My Airport?
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We had the chance to present to this year's Association of Airport Internal Auditors (AAIA) annual conference last month in San Diego, and one of the questions that came up while we were there was this . . . How much of a difference were airports actually seeing when they started using PASSUR Pulse for landing fee management? So, we showed them.
Below is a chart from our presentation showing the amount of additional revenue that was collectible for one single month thanks to PASSUR Pulse at 12 airports of different sizes. What we've learned after doing this for more than six years with dozens of airports is that these revenue "finds" are repeatable - they recur month after month.
As you can see, even small airports realize thousands of dollars of savings per month. To learn more about how PASSUR Pulse can help your airport, contact Evan Danto at evan.j.danto@passur.com.
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PASSUR Q&A at the AAIA Annual Conference
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After our presentation at the AAIA conference, there were plenty of questions about our landing fee management program. Here are just a few of them:
Q: How do you read the tail number? A: The tail number is encoded as one of the messages transmitted by devices onboard the aircraft. We decode it in real time and correlate it immediately to the most important information, including Maximum Gross Landed Weight (MGLW) for that specific ship. Q: If a regional carrier flies in for another mainline carrier, how do you discern which mainline they're operating for? A: We train our users on how to identify which flights are being flown for which mainline, based on information from the flight plan, and then how to use the software to ensure that the correct carrier is being billed. Q: Do airlines ever dispute your findings? A: Certainly we have had instances, with the 25+ airports now managing landing fees with PASSUR, where the carrier representative at the local airport level has wondered why the airport's weights or activity counts differed from theirs. However, these are typically questions that arise early in the deployment. Soon enough, airlines routinely approve the airport's reports, and in fact - as we've reported before in this newsletter - carriers are increasingly interested in deploying this program system-wide at all their major hubs, to achieve greater automation, standardization and centralization. Q: Do you find that airports borrow less money as a result of collecting fees earlier? A: Actually we are in the process of fleshing out a whole new aspect of automated landing fee management, which is the financial benefit of collecting cash earlier - specifically, either greater interest earned, or conversely, less interest paid. If you would like us to send you a sample of our new calculator that helps track these numbers, please email Evan Danto at evan.j.danto@passur.com.
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Tip: Excel for the Airport Finance Professional
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When you're in Airport Finance, you probably work with MS Excel on a regular basis. We've compiled a list of 11 helpful tips on how to use Excel to benefit your airport and make your life easier. If you'd like to learn more, just click below.
Request the Excel Tipsheet
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