Savings soar for major airline

Expense Reduction Analysts Ecuador has achieved cost savings of almost 50 per cent for ICARO, Ecuador’s largest private domestic airline.

ICARO is currently undergoing a period of rapid expansion, having acquired a new fleet of aircraft in 2002. The company was interested in Expense Reduction Analysts’s cost review proposal due to the explosive growth it was experiencing. It wanted expert advice to ensure it was minimising expenses and adopting good purchasing habits.

Expense Reduction Analysts developed a no-risk cost savings proposal tailored to meet ICARO’s unique needs. Drawing on its years of experience advising companies about cost reduction, Expense Reduction Analysts conducted a thorough review of ICARO's expenditure in several key areas, including printing, accommodation and office supplies. Overall savings of almost 40 per cent were achieved, with savings of up to 60 per cent on printing and 30 per cent on accommodation costs.

"The general quality of the service provided by Expense Reduction Analysts, as well as the financial benefits obtained by our organisation after their participation in the projects have met our expectations," says Captain Esteban Saltos, executive vice president of ICARO.

"Expense Reduction Analysts's consultants demonstrated a high degree of professionalism." Expense Reduction Analysts has now completed five expense reduction projects for ICARO, and is currently in the process of implementing its recommendations to gain more than 60 per cent savings on the airline's on-board snack service. Your success story is waiting to be written. Get started lowering costs for your company.

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