| Description |
The aviation industry is changing rapidly with resulting commercial opportunities in airlines and airports. Participants in this course will develop an understanding of the economics of operating airlines and airports and the implications of competitive strategies for the development of hubs and networks. Airline topics include airline strategies, marketing, the formation and management of alliances, yield/revenue management, travel sales and distribution. The growth in air traffic in the region is placing strains on airport capacity and the course covers forecasting, airport planning, externalities of airports, pricing airport use, investment decisions, and the role of the private sector in airport development and operation. The course involves individual work. |