Air Transport Economics - Simulation www.enac.fr

EXPLOITATION AÉRIENNE
Management du transport aérien
ACTUALISÉ
réf. ECO TA-E
Code OACI 062
ENAC - LH
Air Transport Economics - Simulation
FORMATION EN ANGLAIS
DURÉE
3 jours
PLACES OFFERTES
12
DATES ET LIEUX
CONDITIONS DE
PARTICIPATION
Frais pédagogiques :
Catégorie C
2017 : 1548 €
Informations pratiques :
voir en fin de catalogue
CONTACT ADMINISTRATIF
ENAC
Objectifs
This training is based on the AirECONsim software. AirECONsim is an educational multiplayer
market competition simulation game, in which players occupy the position of airlines
managers.
Players are responsible for managing the fleet and the pricing policy of virtual companies
competing over the same routes, and must adapt their strategies to a constantly changing
environment (crises, airport congestion and regulatory changes, emergence of environmental
constraints, development of a new aircraft, new route openings, mergers ...).
To succeed, they have to anticipate their competitors' strategies and implement dynamic
reasoning.
Participants concernés
This course is valuable for anyone wishing to gain better knowledge in air transport economics,
strategic reasoning and/or cost analysis.
[email protected]
Bulletin d'inscription obligatoire :
voir en fin de catalogue
Contenu
Trainees understand through practice, the major issues of air transport economics while
running their own virtual company. Among others, we will play different scenarios including :
Principles of Revenue Management.
The determinants of fleet choice.
Peak-load pricing.
The effect of flight frequencies on passenger demand.
Overcapacity crises.
The analysis of which costs are relevant for various decisions, in the short or long term (and
how to avoid the sunk cost fallacy and not base your thinking on average costs).
Competition and collusion
Vertical differentiation and the low-cost model
Mergers : Drivers, advantages and disadvantages
Impact of airport congestion on competition.
Airport slot allocation.
Barriers to entry, baby-sitting, raising rivals' costs...
Impact of EU-ETS CO2 emission permits system.
Applications of game theory to airline business and strategic thinking.
Debriefing phases regularly occur during the game, to help players apply the economic
analysis tools to decision making.
We will start by playing a tutorial to understand the basic decisions you will have to take while
running your airline. Once the basic structure of the game is understood, we will introduce new
scenarios including cyclical demand, the liberalisation of the air sector, congested airports and
the grand-father rule, auctions for airport slots, relaxing the capacity constraint with a new
aircraft or the introduction of tradable CO2 emission allowances, mergers...
For information only : 18 hours
RESPONSABLE(S) DU STAGE
Nicolas GRUYER
PhD in economics
Nathalie LENOIR [Sciences Sociales]
www.enac.fr
ENAC : [email protected]
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