The course is dedicated to the study of airline economics, focusing on the most relevant economic analyses (profits vs. costs) and the different strategies to be implemented to optimize the results of the different demands, i.e. the correct allocation of the fleet to cover the different destinations as well as the path to minimize fuel consumption.
By successfully completing this course, the student should be able to:
1) Understand the social, economical and legal framework that applies to air transport.
2) Understand the roles of different actors, in particular airlines and manufacturers.
3) Understand airlines' operations, including aircraft operational performances
4) Understand how optimization algorithms can be applied to improve airlines' operations