| Program start date | Application deadline |
| 2024-10-27 | - |
| 2024-11-23 | - |
Program Overview
The Air Transport Economics course from City, University of London provides an in-depth understanding of the economic environment of the airline industry. Taught by an experienced industry consultant, the course covers topics such as growth drivers, pricing, revenue management, and regulation. Through interactive lectures, case studies, and discussions, participants gain valuable insights applicable to various management positions within the airline industry.
Program Outline
Outline:
These topics include:
- Growth drivers: Examining the factors that influence the growth of the airline industry, such as global economic trends, travel demand, and technological advancements.
- Pricing and elasticity: Analyzing the pricing strategies adopted by airlines and how demand is affected by price changes.
- Revenue management: Exploring the techniques airlines use to optimize their revenue and maximize their profitability.
- The economics of slots: Understanding the role of airport slots in the operation of airlines and the economic considerations related to slot allocation.
- Investors' perspective: Analyzing how investors assess the financial performance and prospects of airlines.
- Regulation and consolidation: Examining the impact of government regulations on the airline industry and the trend of airline mergers and acquisitions.
- Cost allocation: Learning how airlines allocate costs across different aspects of their operations and the challenges involved in cost accounting.
- Fuel and currency hedging: Evaluating the pros and cons of fuel and currency hedging for airlines and the strategies they can use to manage these risks.
Assessment:
Participants are expected to submit a reflective journal summarizing their key takeaways from the course and receive a certificate of participation upon completion.
Teaching:
The course is taught by Tim Coombs,
an experienced consultant with extensive experience in the aviation industry. Tim has worked at senior levels within the industry and has an in-depth understanding of its challenges and opportunities.
The teaching methods incorporate lectures, case studies, and group discussions
, aiming to create a stimulating learning environment for participants. The course emphasizes the practicality of the concepts discussed and encourages active participation from participants.
Careers:
The knowledge and skills gained from this course can be applied to various areas within the industry, including:
- Revenue management
- Commercial strategy
- Financial analysis
- Investment analysis
- Airline operations
- Regulatory affairs
