Understand the fundamental principles of air transport economics.
Analyze the key factors influencing demand and supply in air transport.
Explore the economic impact of aviation on global and regional markets.
Examine cost structures, pricing strategies, and revenue management in air transport.
Content:
Introduction to Air Transport Economics
Overview of air transport economics
Role of aviation in global and regional economies
Key stakeholders in the air transport industry
Demand and Supply in Air Transport
Factors influencing demand for air travel
Supply-side considerations in the aviation market
Market competition and airline business models
Cost Structures and Pricing Strategies
Analysis of airline cost structures
Pricing strategies and revenue management
Economic challenges in low-cost and full-service airlines
Economic Impacts of Aviation
Contribution of aviation to economic development
Environmental and regulatory considerations
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