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Tom BaconConsulting
DistinguishedTrack Record of
Improving Airline Profitability Updated
March 2017
Transformation:
2016 – 2017
Projects
 Conducted commercial and financial audit for Middle East carrier
in restructuring mode
 Audit included review of Systems, People, and Processes
 Recommended major systems upgrade for competing in current
competitive environment
 Process changes encompassed finance, scheduling, revenue
management, marketing, and distribution
 Outlined alternatives for new product offering for a major
revenue management supplier
 Developed customer acquisition plan for airline technology
supplier
 Directed discussions of current travel trends at three airline/travel
conferences
 Consulted with multiple travel start-ups
 Posted over 25 blog articles on current travel issues
Commercial
Airline
Executive
Experience
 Consulting practice founded on 25 years of
accomplishments as an airline executive:
 Successful restructuring of Frontier Airlines; achieved operational
profit during period of industry losses
 Profit turnaround at $1 billionAmerican Eagle division ofAmerican
Airlines
 $200 million turnaround inAmerican Airlines profitability from
network restructuring
 1st profitable year for Bombardier Flexjet in 10 years
 SABRE profitability increase from breakeven to $100 million
VP, Revenue Management & Planning,
FrontierAirlines
VP, FinancialAnalysis & Planning, Mesa
Airlines
VP, Marketing & Planning, Flexjet, division
of Bombardier
SVP, Commercial,American Eagle Airlines
VP, FinancialAnalysis and Fleet Planning,
AmericanAirlines
Finance chief, SABRE
Scope of
Independent
Consulting
 Consulting practice leverages skills and experience in
all aspects of CommercialAirline Marketing and
Finance:
Corporate Development
Pricing and Revenue Management
Network and Fleet Planning
Distribution and Channel Management
 Projects range from short-term audits to interim
executive assignments
Corporate
Development
 Consultant to American Airlines’ Pilots Union on merger of
American Airlines and USAirways
 Member of restructuring team for Middle East airline; initiatives
halved losses in three months
 Revenue executive at Frontier Airlines during successful
restructuring in bankruptcy and sale to Republic Airways
 Team leader for American Airlines for joint venture between AA
and British Airways
 Project lead and chief negotiator for AA’s acquisition of London
and LatinAmerican route authorities
Mergers and acquisitions
Alliances; Joint ventures
Re-structuring
Pricing /
Revenue
Management
 Industry thought leader; regular speaker and writer; published in
Journal of Revenue & Pricing Management
 Conducted audit of revenue management function of European
carrier facing new LCC competition
 Seconded to Revenue Management department of Middle East
airline during wholesale restructuring
 Consultant to revenue management system providers
 Led revenue management audit as part of complete commercial
and operational audit of Middle East airline
 Helped launch optionsaway, a travel start-up offering “options” on
flights
 As commercial executive at Frontier Airlines, launched first
“branded fares” in the U.S.
 Tripled ancillary revenue at Frontier Airlines with new bag fees,
change fees, and other ancillary fees
Pricing
Revenue Management systems
Revenue Management
“Personalized” pricing
Network / Fleet
Planning
 Consultant to U.S.-based LCC on network management; analyzed
performance of multiple focus cities and recommended schedule
changes
 Conducted audit of Network Planning at Middle East carrier as
part of complete commercial and operational review
 Led acquisition and deployment of 150 regional jets while
CommercialVP, American EagleAirlines; launched over 50 new
routes
 AsVP, FinancialAnalysis, oversaw network consolidation at
American Airlines, including closure of three hubs
 AsVP, Fleet Planning, at American Airlines, negotiated acquisition
of B-737s and B-767’s
 DesignedAmerican Airlines’ flight profitability system for use in
route performance tracking
Network planning/schedules
Fleet Planning
Distribution /
Channel Mgmt
 Industry thought leader; regular speaker at industry events and
contributor to multiple travel blogs
 Consultant to optionsaway, a travel start-up in partnership with
expedia and orbitz, among other OTA’s
 Designed and launched branded fares at Frontier Airlines,
increasing attractiveness of direct distribution to travelers
 Developed financial metrics for American Airlines’ frequent flyer
program, including evaluation of credit card partnerships
 Finance chief at SABRE during dramatic growth phase prior to
spin-off by American Airlines. Drove $100 million annual profit,
setting up $1 billion IPO
E-commerce
Third party channels
Frequent flyer programs

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Tom bacon consulting for linkedin

  • 1. Tom BaconConsulting DistinguishedTrack Record of Improving Airline Profitability Updated March 2017
  • 2. Transformation: 2016 – 2017 Projects  Conducted commercial and financial audit for Middle East carrier in restructuring mode  Audit included review of Systems, People, and Processes  Recommended major systems upgrade for competing in current competitive environment  Process changes encompassed finance, scheduling, revenue management, marketing, and distribution  Outlined alternatives for new product offering for a major revenue management supplier  Developed customer acquisition plan for airline technology supplier  Directed discussions of current travel trends at three airline/travel conferences  Consulted with multiple travel start-ups  Posted over 25 blog articles on current travel issues
  • 3. Commercial Airline Executive Experience  Consulting practice founded on 25 years of accomplishments as an airline executive:  Successful restructuring of Frontier Airlines; achieved operational profit during period of industry losses  Profit turnaround at $1 billionAmerican Eagle division ofAmerican Airlines  $200 million turnaround inAmerican Airlines profitability from network restructuring  1st profitable year for Bombardier Flexjet in 10 years  SABRE profitability increase from breakeven to $100 million VP, Revenue Management & Planning, FrontierAirlines VP, FinancialAnalysis & Planning, Mesa Airlines VP, Marketing & Planning, Flexjet, division of Bombardier SVP, Commercial,American Eagle Airlines VP, FinancialAnalysis and Fleet Planning, AmericanAirlines Finance chief, SABRE
  • 4. Scope of Independent Consulting  Consulting practice leverages skills and experience in all aspects of CommercialAirline Marketing and Finance: Corporate Development Pricing and Revenue Management Network and Fleet Planning Distribution and Channel Management  Projects range from short-term audits to interim executive assignments
  • 5. Corporate Development  Consultant to American Airlines’ Pilots Union on merger of American Airlines and USAirways  Member of restructuring team for Middle East airline; initiatives halved losses in three months  Revenue executive at Frontier Airlines during successful restructuring in bankruptcy and sale to Republic Airways  Team leader for American Airlines for joint venture between AA and British Airways  Project lead and chief negotiator for AA’s acquisition of London and LatinAmerican route authorities Mergers and acquisitions Alliances; Joint ventures Re-structuring
  • 6. Pricing / Revenue Management  Industry thought leader; regular speaker and writer; published in Journal of Revenue & Pricing Management  Conducted audit of revenue management function of European carrier facing new LCC competition  Seconded to Revenue Management department of Middle East airline during wholesale restructuring  Consultant to revenue management system providers  Led revenue management audit as part of complete commercial and operational audit of Middle East airline  Helped launch optionsaway, a travel start-up offering “options” on flights  As commercial executive at Frontier Airlines, launched first “branded fares” in the U.S.  Tripled ancillary revenue at Frontier Airlines with new bag fees, change fees, and other ancillary fees Pricing Revenue Management systems Revenue Management “Personalized” pricing
  • 7. Network / Fleet Planning  Consultant to U.S.-based LCC on network management; analyzed performance of multiple focus cities and recommended schedule changes  Conducted audit of Network Planning at Middle East carrier as part of complete commercial and operational review  Led acquisition and deployment of 150 regional jets while CommercialVP, American EagleAirlines; launched over 50 new routes  AsVP, FinancialAnalysis, oversaw network consolidation at American Airlines, including closure of three hubs  AsVP, Fleet Planning, at American Airlines, negotiated acquisition of B-737s and B-767’s  DesignedAmerican Airlines’ flight profitability system for use in route performance tracking Network planning/schedules Fleet Planning
  • 8. Distribution / Channel Mgmt  Industry thought leader; regular speaker at industry events and contributor to multiple travel blogs  Consultant to optionsaway, a travel start-up in partnership with expedia and orbitz, among other OTA’s  Designed and launched branded fares at Frontier Airlines, increasing attractiveness of direct distribution to travelers  Developed financial metrics for American Airlines’ frequent flyer program, including evaluation of credit card partnerships  Finance chief at SABRE during dramatic growth phase prior to spin-off by American Airlines. Drove $100 million annual profit, setting up $1 billion IPO E-commerce Third party channels Frequent flyer programs