Air Transport Economics

3-day (18 hours) LIVE virtual classroom course

IATA’s Air Transport Economics course will equip you with the know-how of the key economic concepts and how they apply to aviation. You will learn how economic scarcity influences airline decision-making. The course will define key performance indicators (KPIs) in aviation and give an up-to-date overview on major aviation trends, economic developments and the industry outlook. You will learn about the role that airlines play in critical macro-economic activities such as job creation, social mobility and economic development. The course will outline the rationale of how and why airlines cooperate and compete and contextualize the roles of authorities and the application of regulatory economic frameworks to safeguard against anti-competitive activities to ensure long-term economic development.

Course code: ALC020VCEN01

Course format

• The live sessions of this virtual classroom course are delivered by an official IATA Instructor.
• The course will take you approximately 18 hours to complete and be held over 3 consecutive days.
• There will be 3 live interactive virtual classroom sessions per day, each session will be 90 minutes.
• The live sessions will require your participation, with multiple Q&A sessions and additional time spent on self-study material including projects, research, additional reading and videos.
• Student performance will be based on an assessment.

Technical requirements

Please verify your hardware, software and network to support your upcoming course with IATA Training.

Prerequisites

• Recommended level is Entry-level and Intermediate.
• The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or the equivalent level for other languages.

How to register

• When you click the Register button, you will be directed to log in to your Training Account. Please have your login details ready.
• Register early and save up to 25% at our Training Centers! Please read the Terms and Conditions for the early bird discount. The discount will be calculated at the time of payment.

To arrange in-house training for your company: Complete the in-house training request form or contact the B2B Training Specialist in your region.

Virtual venues

We schedule our virtual classroom courses through one of 3 virtual venues, each in a different time zone for your convenience. For more information, please visit our page on virtual classroom timing or contact our Customer Portal. 

Please check the exact schedule of each class below (View more details) and click ‘Register’.

Upon completing this course, you will be able to:

• Recognize how fundamental economic concepts apply to aviation and influence airline decisions
• Explain how airlines support and develop economic activity and contribute to job creation opportunities
• Discuss the international regulatory framework that governs how airlines compete and cooperate
• Elaborate on the most relevant contemporary economic developments and the industry outlook
• Apply learnings from the course to your day-to-day decision-making and strategic planning activities

The key topics that are covered during this course include:

• Scarcity and principles of economics
• Economics of the travel and aviation industry
• The role of airlines in job creation and economic development
• Competition and cooperation in the industry
• Regulatory economic framework
• Impact of economic shocks

This course is recommended for:

• Policymakers and CAA professionals
• Aviation commercial and finance managers
• PR, Brand and Corp Comms professionals
• Customer-facing airline flight and cabin crew
• Customer service and pax handling managers
• Beginners interested in aviation careers

An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on an assessment. A special distinction is awarded to participants obtaining a grade of 90% or higher.