Eddie Eldridge | 28 February , 2019
Tiralis Global recognises that the revenue cycle is a key focus of the cargo business when looking for profit improvement opportunities and when seeking to reap the full benefits of eFreight.
In this document you will find useful information on
- Role and position of Cargo Revenue Accounting (CRA)
- Changing demands of Cargo business
- Legacy of the passenger business
- Cargo revenue definition
- Total cost of ownership
- How the IATA eFreight project affects CRA
- Consignment pricing challenges
Cargo Revenue Accounting (CRA) plays a key role in an airline’s cargo revenue cycle, which typically contributes between 7% & 15% of total traffic revenue. It is in a unique position in the process to protect revenue generated by cargo commercial departments and it provides the revenue performance information needed for managing and developing the cargo business. CRA also must satisfy the cash flow and governance needs of the business. All at an acceptable cost. Some accountants may say that CRA is undervalued…….