The aviation industry in India is expected to grow at a compounded annual growth rate of over 25%. Aviation and Airports are in for exponential growth. Airlines and airport operations are the very dynamic business fields with millions of passengers traveling through thousands of flights every day, touching hundreds of Airports worldwide. Aviation is fun, exciting industry with great growth prospects. It is also the kind of industry that offers fantastic international job prospects. Aviation as a broad term, encompasses a wide variety of career opportunities.
A person's initial concepts of aviation are likely to be directed towards flying as a pilot in a commercial aircraft. But aviation is in actuality, a global organization that requires disciplined, professional managers to design, manage, and operate the national and international aviation system of the future. As a result, educated and sufficiently trained managers are needed in dozens of different careers within the arena of the aviation management industry. Transportation, marketing and logistics, flight operations, and air traffic control are just a few. There are in fact, far more positions available in aviation management than in commercial or private piloting.
Aviation provides the only transportation network across the globe and it is crucial for global business development and tourism enrichment. Air transportation is one of the most important services to offer significant social and economic benefits. Airline management does not work independently of other players in the air transportation industry. 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.