The Air Transport Economics online course provides a general overview of the fundamentals of the economics in air transport, in such areas as air carrier capacity, tariffs, air cargo, non-scheduled air services, as well as airline commercial and cooperative activities. The course also provides an overview of airport economic and financial management. 

Course Description

This online course is designed to assist participants in exploring various issues related to the economics of air transport industry from the perspective of regulators on various topics such as air carrier capacity and tariffs. Additionally, the course aims to help participants understand the economic imperatives of air cargo transportation, types of non-scheduled air services, aircraft leasing, airline alliances, codesharing and franchising. Moreover, participants will have the opportunity to examine basic aspects of airport financial management and the importance of airport Service Level Agreement. 

Upon completion of the course, the participants will be able to:

• Explain the economic regulation of air carrier capacity. 
• Describe air carrier tariffs different types and characteristics of tariffs, including terms and expressions used by the airline industry.
• Explain methods for establishing tariffs as well as international and national regulatory mechanisms.
• Describe the economic imperatives of air cargo transportation and describe sales methods for air cargo.
• Classify the economic imperatives of air cargo transportation.
• Discuss the four kinds of non-scheduled air services.
• Recognize the regulated commercial aspects of international air transport.
• Outline how various aspects of doing business can potentially impact market access and the effectiveness and profitability of air carriers.
• Describe the impact of internet platforms on airline product distribution and electronic commerce, including computer reservation systems.
• Explain the principles behind best practices of good corporate governance and financial management for airports.

Course Structure

• Course Introduction
• Module 1: Air Carrier Capacity

     - Part I: Capacity regulated by governments

     - Part II: Capacity as viewed by air carriers

• Module 2: Air Carrier Tariffs

     - Part I: Tariff regulation

     - Part II: Types and characteristics of tariffs 

     - Part III: Tariff regulation & key issues

• Module 3: Air Cargo
• Module 4: Non-Scheduled Air Services
• Module 5: Airline Commercial and Cooperative Activities

     - Part I - Airline commercial activities

     - Part II - Airline cooperative activities

• Module 6: Airport Economics and Financial Management
• Final Exam

Primary target audience: 

This course caters to professionals working in related field of air transport economics within government and civil aviation authorities; air service negotiators; airline and airport officers and managers with the function of government and regulatory affairs; labour representatives; representatives of international organizations; professionals involved in aviation financing, tourism development and trade; academia; communications media practitioner; and air transport consultants.

Secondary target audience: 

This course will be helpful for professionals in their early career development in the air transport industry or civil aviation regulatory agencies. 

Certificate

The Final Exam consists of 32 multiple-choice questions. You require a grade of 80% to pass, and you are allowed 3 attempts. Upon successful completion of the exam, you will receive ICAO’s e-Certificate.