Air Transport Economics

Introduction

• This Course is designed to provide a firm of grounding in he fundamental principles of airline and airports economics and commercial planning as well as addressing regulatory and policy issues in addition to the new concept of privatization

Objectives

By the end of this course, participants will be able to:

• Explain the goals, strategy and evaluation process for this course.
• Introduce the economic concepts of supply, demand, pricing and market structures.
• Study an overview of the aviation industry from an economic perspective.
• Study the main benefits of air transport economics, as well as, identify, measure and analyze national economic footprints from aviation sectors.
• Explain key demand and supply factors affecting the air cargo sector.
• Explain how aviation players usually act and compete in different market structures (monopolies and oligopolies).
• Explain the value chain concept and industry relationships.
• Identify the rationale for regulating the industry and analyze samples of economic regulation.
• Identify major industry pricing strategies.
• Explain the role of air transport in the global economy and best-practice approaches.
• Tackle a challenging in-class case study addressing the fundamentals of air transport economics.

Who Sould Attend

Course Content

• Module 1: Introduction to National Regulation
• Module 2: Introduction to Bilateral Regulation
• Module 3: Introduction to Multilateral Regulation
• Module 4: Regulatory Content: Market Access
• Module 5: Regulatory Content: Airline Ownership and Control
• Module 6: Other regulatory Content
• Module 7: International negotiations.
• Module 8: Administration.
• Module 9: Air transport principles.
• Module 10: International air carriers “FARES “.

Prerequisite

• Background experience in Air transport Industry

Location

Course Code

Course Duration