| Code |
10383
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| Year |
4
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| Semester |
S1
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| ECTS Credits |
6
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| Workload |
TP(60H)
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| Scientific area |
Aeronautics and Astronautics
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Entry requirements |
None.
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Mode of delivery |
Theoretical - Practical.
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Work placements |
Not applicable.
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Learning outcomes |
Air Transport takes place in an increasingly complex environment due, on the one hand, to the diversity of the agents involved and, on the other hand, to the role it plays in terms of economic development.
The Economy and Management of Air Transport intends to frame this reality at national and international levels, seeking to develop in students, on the one hand, a critical reasoning around the subject and, on the other, the skills that allow them to take the most appropriate options if faced with decision-making processes in real life scenarios.
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Syllabus |
Chapter 1. Importance of Transport: Systemic Perspective; Transport Planning; Mobility and Transport; Characteristics of Transport Systems; Accessibility and Transport; Transport and Sustainability; Globalization and Transport; Study cases.
Chapter 2. Transport Economics: Demand, Supply and Balance; Demand Sensitivity; Changes in Elasticities; Kraft model; Direct and Cross Elasticities; Surplus of Demand; Transport Offer; Associated Costs; Price Policies; Demand, Revenue and Expense Forecast; Exercises; Study cases.
3. Chapter 3. Air Transport Economics and Management: The Air Transport Industry, Air Transport Market and Services; Costs and Production; Air Transport Infrastructure; International Economy and Air Transport; Open Skies and Global Alliances policies; Market Structure and Monopolies; Forecast in Air Transport; Pricing Policy, Low Cost Airlines; Study cases.
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Main Bibliography |
Young, S, and A. Wells, A. (Ed) (2019) Airport Planning & Management (7th Edition), New York, McGraw-Hill, ISBN: 978-1260143324.
Vasig, B., Fleming, L. and T. Tacker (2016) Introduction to Air Transport Economics. From Theory to Applications (2nd Edition), Routledge, USA, ISBN: 1-4094-5487-8.
Schmitt, D. and V. Gollnick (2016) Air Transport System, Springer-Verlag, Wien, DOI: 10.1007/978-3-7091-1880-1.
Macário, R. and Eddy Van de Voorde (2011) Critical Issues in Air Transport Economics and Business, Routledge, USA, ISBN: 0-203-84533-1
Maria Emilia Baltazar, Jorge Silva (2020) Spanish airports performance and efficiency benchmark. A PESA-AGB study, Journal of Air Transport Management, Vol. 89 (101889), DOI: 10.1016/j.jairtraman.2020.101889.
Baltazar, Maria Emília; Rosa, Tiago; Silva, Jorge (2018) Global decision support for airport performance and efficiency assessment, Journal of Air Transport Management, Vol. 71, pp 220-242, DOI: 10.1016/j.jairtraman.2018.04.009.
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Teaching Methodologies and Assessment Criteria |
Teaching methodologies:
Analysis and discussion of case studies.
Resolution of exercises.
Assessment criteria:
Test and/or Final Exam.
The students have both possibilities to obtain at least 10 points (within a maximum of 20 points) and thus obtain success in the unit.
EVALUATION OF KNOWLEDGE
The knowledge assessment process will comprise a Test (January 5, 2024) or the Exam, both graded on a scale of 0-20 Values.
The student will have approval in the curricular unit as long as it obtains a classification equal or superior to 9,5 Values.
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Language |
Portuguese. Tutorial support is available in English.
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