
In this lecture we will define what is an airline, what are the different types of airlines and we will limit the scope of the course to the most relevent types.
In this lecture we will analyze the Revenue streams and Cost structure of airlines. We will also look at airline profitability and investors' confidence.
In this lecture we will try to understand how a Network is build and how airline select their Fleet.
In this lecture we will expose the different types of Revenue Management practices and the key components of each
In this lecture we will identify the passenger touch points and talk about the best in class airlines
In this lecture we will identify the different distribution channels and talk about the recent trends.
Explanation of Madrid (MAD) and Dubai (DXB) hubs
This Appendix describes the different savings that Low Cost Airlines have brought to the industry.
This Appendix describes the synergies and cost savings obtained through a merger or acquisition in the airline industry.
link to ebook: a Lifelong Flight
Disclaimer: this course was created in 2015 and doesn't include anything on the most recent events especially the pandemic.
Nonetheless the fundamentals of the aviation industry are the same and as such, understanding the intricacies of the business helps understand the challenges brought by the COVID-19 crisis.
The airline industry best-kept secrets!
The top 10 things airlines don't want you to know!
“ Why do prices change? "
" Why are connecting flights cheaper than non-stop one?"
“ Why do we even have to connect? "
And ultimately “ Why do airlines struggle to turn a profit? "
Now that we did the clickbait, let's speak about content.
This course is structured around the strategic functions of an airline: network and fleet planning, revenue management, product definition, and sales and distribution, in order of importance.
It is designed to help newcomers, job seekers, analysts, journalists, and curious understand the fundamentals of the airline business.
The course is very dense and side discussions are encouraged to clarify any outstanding point.
The operational aspect of running an airline such as Flight Operations, Maintenance Operations, and Ground Operations are not part of the course, they are mentioned only as cost components and product differentiators when applicable.
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---- EDIT ----
- Added a new lecture about Mergers and Acquisitions in the airline industry, why do airlines buy each other or merge