Cost Accounting
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The Future of Airline Financial Forecasting, Cost Control and Emissions Tracking
Crane Cost Accounting (Crane CA) is Hitit’s advanced Cost Accounting solution, designed to give airlines an unbeatable edge in forecasting, profitability, and financial control. It enables airlines to predict, manage, and optimize costs in real time as well as automatically calculate and track their carbon emissions based on real-life data. Seamlessly integrated with core operational systems, Crane CA provides a centralized platform that transforms complex cost data into clear, actionable financial insights.
Why Crane CA?
Real-Time Forecasting Power
Make faster, smarter decisions with real-time cost data across flights, legs, routes, or any custom-defined unit. Simulate what-if scenarios, improve forecasting accuracy, and build agile financial strategies.
Mastered Forecasting
Track margins at flight level with near real-time accuracy. Understand exactly where profits are made—or lost—and act decisively.
Accurate Cost Tracking & Allocation
Retrieve actual, contractual, and allocated costs automatically - eliminating manual spreadsheets and guesswork.
End-to-End Contract Oversight
Manage even the most complex, scenario-based vendor contracts within a single platform. Analyze service rates, track performance, and renegotiate with confidence.
Automated Accruals & Invoicing
Generate accruals and reconcile invoices based on real-time operational data - minimizing overpayments, processing time, and human error.
Forecasting-Driven Financial Intelligence
Gain unmatched forecasting power tailored for airline financial teams seeking data clarity and agility. Generate real-time forecasts at every level, and by aligning them with live operational and revenue data, support strategic planning through accurate, data-driven insights for smarter financial decisions.
Real-Life, Real-Time Emissions Tracking
Leverage real-life usage and equipment metrics to automatically track carbon emissions, with a variety of methodologies supported in tandem such as ICAO CORSIA and EU ETS.
Key Features
- Real-Time Forecasting & Simulation
- Flight-Level Profitability Analysis
- Auto Accrual Generation & Posting
- Contract & Invoice Lifecycle Management
- Industry-Standard KPI Reporting
- Full Support of All Cost Groups (fuel, crew, ground, etc.)
- Seamless Integration with Revenue Accounting, Scheduling & Crew Systems
Drive Smarter Decisions with Real-Time Financial Intelligence
Crane CA helps leading airlines transform their financial decision-making. Airlines leveraging Crane CA benefits from improved revenue protection, enhanced operational planning, better emissions tracking, and strengthened vendor oversight. From preventing invoice overpayments to optimizing long-term profitability, Crane CA serves as a partner for a smarter, more efficient future.
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