COURSE CONTENT

The course is structured around the following thematic units:

• The Global Air Transport System
• Airline Business Models
• Strategic Planning and Competition
• Airport Management
• Air Transport Economics
• Legal and Regulatory Framework
• Crisis Management and Resilience
• Sustainability and ESG in Aviation

LEARNING OUTCOMES

The purpose of the course is to present to undergraduate students the framework of operation of air transport.
Upon successful completion of the course, students should be able to:

1. Comprehend the role of aviation in economic activity and development
2. Understand the institutional framework surrounding air transport and the functions of European and international
   organizations related to this industry
3. Identify and describe the business models and competitive trends of airlines
4. Interpret the developments in air transport, knowing the impact of market liberalization and the sensitivity of the
   industry to the external environment
5. Describe the financial figures concerning the airlines, in terms of demand, supply, cost and performance
6. Understand the risks faced by the aviation industry and develop ways to manage them
7. Recognise the importance of sustainability in the aviation industry
8. Describe the operating and development framework of airports as well as the ground handling sector in terms of
   the provision of services to airlines