Course description
This course will provide you with a sound understanding of those economic concepts which are particularly relevant to decision-making in the air transport industry.
Upcoming start dates
Suitability - Who should attend?
This course is suitable for professionals in the air transport industry or those who want to move into this industry.
Outcome / Qualification etc.
What you will learn
On successful completion of this course you will be able to:
- Assess the fundamental elements of finance and economic theory that are applied to analyse aviation markets.
- Critically analyse the economic and financial characteristics of airlines and airports and the sources of revenues and structure of costs.
- Calculate, analyse and benchmark airline and airport economic and financial performance (costs, financial ratios etc.).
- Critically examine the different sources of finance available in the air transport industry.
- Evaluate and apply different investment appraisal techniques.
Training Course Content
Core content
- Demand and supply analysis
- Profit maximisation and cost minimisation in the competitive environment
- Market entry barriers in aviation
- Structure of airline and airport costs
- Airline pricing and revenue management
- Introduction to financial statements
- Financial ratios and airline and airport evaluation
- Source of finance and aircraft leasing
- Investment appraisals
- Economic regulation
Course delivery details
Course structure
This five-day course is delivered face-to-face with the option to attend sessions live online (supporting material is provided asynchronously).
Expenses
- Cost £2,500
- Pg Award: £3,000 (UK students)/ £3,250 (overseas students)
- The course fee includes refreshments and lunch during the day. Accommodation is not included and must be booked separately.
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Cranfield University
Cranfield is a specialist postgraduate university that is a global leader for education and transformational research in technology and management. We have many world-class, large-scale facilities, including our own global research airport, which offers a unique environment for transformational education...