Airline management
Master
In Maynard (USA)
Description
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Type
Master
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Location
Maynard (USA)
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Start date
Different dates available
This course provides an overview of airline management decision processes with a focus on economic issues and their relationship to operations planning models and decision support tools. It emphasizes the application of economic models of demand, pricing, costs, and supply to airline markets and networks, and it examines industry practice and emerging methods for fleet planning, route network design, scheduling, pricing and revenue management.
Facilities
Location
Start date
Start date
Reviews
Subjects
- Airline Training
- Network Training
- Industry
- Planning
- Simulation
- Supply
- Design
- Network
- Networks
Course programme
Lectures: 2 sessions / week, 1.5 hours / session
This course provides an overview of airline management decision processes with a focus on economic issues and their relationship to operations planning models and decision support tools. It emphasizes the application of economic models of demand, pricing, costs, and supply to airline markets and networks, and it examines industry practice and emerging methods for fleet planning, route network design, scheduling, pricing and revenue management. Emphasis is placed on the interactions between the components of airline management and profit objectives in competitive environments. Students participate in a competitive airline management simulation game as part of the subject requirements.
16.71J/1.232J/15.054J The Airline Industry; adequate preparation in microeconomics, transportation economics, probability and statistics, operations research.
Students in this course are required to participate in the ePODS Airline Management Game Simulation, which includes 6 separate Input Presentations throughout the semester. ePODS is an Airline Revenue Management simulation originally designed by Boeing and jointly developed by MIT and Boeing since 1994. In addition, students are responsible for completing 3 individual homework assignments as well as a midterm quiz.
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Airline management