Aviation

The world’s aviation industry is dynamic and growing, driven by the changing needs of the economy, urbanisation, market liberalisation, technological advances and the increasing propensity for people to travel. Low-cost carriers have become powerful competitors to traditional airlines and have also exerted an influence on the commercial and investment strategies of airports.

Steer's aviation team offers a wealth of experience based on a long track record of providing advice across the world, complemented by the previous airport, airline and regulatory experience of our senior team members. We understand the issues and influences that face the aviation sector today and are likely to shape it tomorrow focusing on the interconnected areas of aviation policy and regulation, airport strategy and development, and airport transactions.

Our work is frequently used by policymakers and regulators, and we are regularly rated as one of the top technical advisors in the transactions sector. Our advice is aimed at airport operators, investors and financial institutions, airlines, air navigation service providers, regulators and governments around the world.

How we can help you

Our aviation consulting services help clients to evaluate the strategic business and policy implications of changes in the sector. We have extensive global experience in the infrastructure, airline and regulatory environments, and are well-known for our informed views and opinions. Our core offer includes:

Aviation policy & regulation

• Aviation policy & government strategy review
• Regulatory review advisory studies
• Efficiency review
• Impact assessment & evaluation support to changing legislation

Airports

• Market analysis & air traffic forecasts (primary & secondary)
• Review of commercial revenue strategies including best practice advice
• Review of operating cost efficiencies
• Business plan modelling (profitability & model assurance)
• Capital investment assessment
• Airport charges & costs benchmarking studies
• Wider economic benefits assessment
• Surface access studies

Transactions

• Due Diligence & bid support (for investors, vendors, lenders)
• Airport business strategy
• Business & financial modelling
• Capital investment assessment
• Opportunity & risk review
• Post-transaction implementation support