AVM 335 - Aviation Management

Describe and discuss the nature of aviation business organizations, including management structures and decision-making hierarchy.

• Identify and describe the profit function and the basics of accounting systems utilized by aviation business organizations, including balance sheets and profit and loss statements.
• Identify and describe cost systems involved in aviation business organizations including fixed costs and variable costs.
• Explain, compare and contrast staffing management issues.
• Explain compare and contrast aviation-related asset-financing techniques.
• Identify and explain the legal environment of aviation business organizations including civil and regulatory issues.
• Identify and explain the labor relations environment of aviation-related business organizations.
• Describe, discuss and demonstrate competence in airline load factor, seat-mile cost, block time evaluation, and average ticket pricing.