Airline Business Strategy
Duration
- One Semester or equivalent
Contact hours
- 36 Hours
On-campus unit delivery combines face-to-face and digital learning.
2022 teaching periods
Hawthorn Higher Ed. Semester 2 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
Nil
Equivalent
AVA20003 Aviation Business Strategies and Management
AVA20003 Aviation Business Strategies and Management
Aims and objectives
This unit of study will provide students with the knowledge and skills to identify, analyse or create an airline business model, including the financial, economic, marketing and management facets. Students will develop and integrate their understanding of underpinning elements such as yield and revenue management, route selection, fleet composition and maintenance to experience, evaluate and influence airline business dynamics
Unit Learning Outcomes | |
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On successful completion of this unit students will be able to: | |
# | Unit Learning Outcome Description |
ULO1 | Identify, appraise and discriminate key aviation business models and strategies |
ULO2 | Explain and discuss principles of economics including supply and demand, market forces and competitive strategies in an aviation context |
ULO3 | Interpret aviation company financial statements |
ULO4 | Describe and compare aviation capital budgeting techniques and funding mechanisms |
ULO5 | Explain and discuss key marketing concepts related to aviation such as yield management and service levels and delivery |
ULO6 | Demonstrate initiative, creativity, critical and reflective thinking and judgement by applying ethical management principles and functions effectively in a dynamic simulation of the airline business environment, balancing commercial, legal and safety factors to optimise operational performance according to business priorities |
ULO7 | Demonstrate effective professional communication in a simulation of a diverse, multidiscipline operational environment |
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
All Applicable Locations | |||||
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Activity Type | Activity | Total Hours | Number of Weeks | Hours Per Week | Optional - Activity Details |
Online | Directed Online Learning and Independent Learning | 24 | 12 weeks | 2 | |
Face to Face Contact | Tutorial | 12 | 12 weeks | 1 | |
Unspecified Learning Activities | Independent Learning | 114 | 12 weeks | 9.5 | |
Total Hours: | 150 | Total Hours (per week): | 12.5 |
Assessment
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Content
- Financial Strategies
- Working with Financial Statements
- Capital Budgeting Techniques
- Funding Mechanisms
- Economic Strategies
- Understanding Market Forces
- Economics of Competition
- Management Strategies
- Business Models
- Strategic Planning
- Organisational Capability and Workforce Planning
- Marketing Strategies
- Market analysis, capacity controls and yield management
- Marketing tools and reservations systems
Study resources
- References.
References
A list of reading materials and/or required texts will be made available in the Unit Outline.