Traffic Forecast Specialist at Alexander Forbes

Job description

The successful candidate, reporting to the Group Manager: Market Research and Analysis will be responsible for the following:

• Defining and reviewing the air traffic forecasting framework including scope and frequency of review;
• Conducting analysis on air transport industry by gathering updated industry-specific data from relevant sources, e.g. airline strategies, fleet development plans, route & market development strategies, tourism development trends, plans and strategies etc. to provide fundamental backing of short term forecasts;
• Building a transaction risk and pricing models to support Opportunity Development & Investments, especially in the pursuit of concession deals;
• Reconciling short-term and long-term forecasts, to produce final integrated air traffic forecasts by means of appropriate tools for integration of statistical data (e.g. regressions, trend analysis and other as required);
• Conducting regular reviews and up dates to the long term (10 – 20 years) forecast, proactively and upon request, depending on changes in key assumptions;
• Working closely with Airports planning and other key stakeholders in projection of future capital projects and other proactive planning related to airport operations;
• Supporting Opportunity Development & Investments by validating existing / supplementing traffic forecasts for potential airport investments;
• Communicating opportunities and risks to the business due to industry and market changes affecting traffic forecasts and supporting the development of action plans.

Technical Skills and Experience

The following skills and experience or the equivalent of such, will be required:

• A Bachelors Degree in Statistics/ Econometrics/ Engineering or any quantitative analysis background.
• An Honours Degree in Statistics/ Econometrics/ Industrial Engineering is recommended.
• 4-6 years’ operational experience in statistical forecasting is essential.
• Advanced knowledge and experience in statistical and/or numerical methods analysis.
• Experience in research and analysis is essential.
• Advanced econometric model building and report writing will serve as an advantage.

Competencies

The ideal candidate will be detail orientated and must have good planning skills. The incumbent should portray high level of diplomacy and good verbal communication skills. The successful candidate must have the ability to apply problem solving skills and will also have the ability to manage time efficiently. It is critical that the ideal candidate is ethical, and trustworthy.