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Financial analysis of airlines as air cargo terminal operator (The Case of Airline in Indonesia)
Raniyah, Dony Abdul Chalid

Department of Management, Faculty of Economics and Business, Universitas Indonesia, Depok, Jawa Barat, Indonesia


Abstract

This study aims to assess and evaluate the business model of airlines as an air cargo terminal operator. Correspondingly, to analyze the business model, the airline is run as an air cargo terminal operator on its own compared to if the cargo services outsourced to other parties at the terminal. This research uses a case study approach. The airline that will be the object of the study is the only one of the airlines in Indonesia that operates as non-integrated cargo services and manages air cargo terminal service. The analysis will conduct by performing financial analysis and comparative study analysis. After that, scenario analysis will lead and decided the priority of air cargo business. The result is when the company decides to outsource the business to the other party is better than if they run by themselves. From scenario analysis results, it shows that all the scenarios of the outsourced still better compared to if they run their business by themselves. The implications obtained from the research are the airlines will get cost efficiency, share the risk in irregularities, and widen the business opportunities through the other parties.

Keywords: Air Cargo, Terminal Operator, Financial Analysis, Warehouse Revenue, Comparative Study

Topic: Economics Education (Accounting, Cooperative and Office Administration Education)

Link: https://ifory.id/abstract/MwdKAcET8zVa

Conference: International Conference on Economics, Business and Economic Education Science (ICEBEES 2019)

Plain Format | Corresponding Author (Raniyah M)

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