Manchester Airport Group (MAG) use Airport Hive Forecasting

Discover how Manchester Airport Group (MAG) use Airport Hive Forecasting to rapidly and easily model income, cost and capacity for multiple scenarios.

Airport Hive Forecasting saves hours, even weeks, of work and reduces the potential for errors by moving away from a reliance on cumbersome spreadsheets. Manchester Airport Group (MAG) optimise resources by rapidly modelling income, cost and capacity using flexible rulesets, the powerful flight schedule builder and variable passenger loads.

6 Easy Steps to Forecasting Flexibility

Step 1

Build Your Flight Schedule

Create a future flight schedule, amend flights in batch mode or individually then simply analyse and export.

Step 1

Step 2

Apply Your Passenger Volumes

Flexibly manage passenger volumes through a variety of methods, generate load factors individually or as a batch using business rules.

Step 2

Step 3

Model Aviation Income

Model your future aviation income with flexible business rules for calculating fees, charges and rebates. There is no limit on the amount of pricing rulesets you create.

Step 3

Step 4

Model Retail Income

Prepare the retail model by utilising income history, infrastructure and volume constraints and assumed retail unit growth. Calculate income per hour for each retail unit, then calculate your concession income for the same period.

Step 4

Step 5

Business Planning & Forecasting

Generate rolling budget forecasts thanks to the massive reduction in the manual forecasting work prior to each annual budgeting process.

Step 5

Step 6

Secure Information Management

Store commercially sensitive information rather rather than in vulnerable spreadsheets. Restrict access through user access control, data integrity and application security.

Step 6

What Manchester Airport Group say about Azinq and Airport Hive Forecasting

“From the very beginning of the design stage of Airport Hive Forecasting, through to production and refinement, Azinq have acted and felt, like a true collaborative partner.

They took the time to understand MAG in a way that other potential partners hadn’t. This was recognisable even from inception stage, where it was clear from their understanding of who we were, that the idea sharing and constructive challenging, allowed us to grow the idea organically and shape it into the tool we have today.

Airport Hive Forecasting has saved us up to seven weeks of manual forecasting work prior to each annual budgeting process. In addition to that, we now have ‘one version of the truth’ when it comes to our airline scheduling and aviation income forecasts. Automation of the process through flexible modelling rules means we trust the numbers being produced, compared to our previous excel approach which wasn’t as robust and subject to inputting or calculation error.

Airport Hive Forecasting is essential for any airport modelling income, cost and capacity as we rebuild our business, efficiently and effectively, in this post COVID-19 world”.