The course contains the most important and typical models on which the economics of air transport is based. It covers the principles of regulation, airline infrastructure models, market structure, analyses airline costs, and looks in detail at the low-cost and charter airline model. It also focuses on airline alliances, air cargo, airline strategies and the economic principles of safety and security.
Objectives:
The aim is to provide a good analysis and understanding of the most important principles and model of air transport economics on which the operation of business entities in air transport is based. Students will understand these principles and be able to apply them in practice.