Course Description: This course covers the principles and practices of airline revenue management, including pricing strategies, demand forecasting, and inventory control. Students will learn to optimize airline revenue through effective management practices.
Course Objectives:
- Understand the principles of airline revenue management.
- Learn about pricing strategies and demand forecasting techniques.
- Develop strategies for inventory control in airline operations.
- Implement revenue management practices to optimize airline revenue.
- Evaluate the impact of revenue management on airline performance.
Course Outcomes:
- Optimize airline revenue through effective revenue management practices.
- Develop and implement pricing strategies to enhance airline revenue.
- Forecast demand and manage inventory effectively in airline operations.
- Assess the impact of revenue management on airline performance.
- Improve revenue management practices to enhance airline profitability.
