Aviation Economist

An Economist accounting with statistics graphs on screen of computer at desktop.

About the Career

Aviation Economists are specialized professionals who analyze the complex economic landscape of the aviation industry, providing critical insights that drive strategic decision-making. They bridge economic theory with practical aviation challenges, researching market trends, evaluating financial performance, and developing economic models that help airlines, airports, and aviation-related businesses optimize their operations. These experts play a crucial role in understanding the economic forces that shape global air transportation, from pricing strategies and route development to industry policy and economic impact assessments.

On the Job You Will

Conduct comprehensive economic research in the aviation sector
Develop economic forecasts and market trend analyses
Create financial models for aviation businesses and infrastructure
Analyze airline and airport economic performance
Prepare detailed economic reports and presentations
Advise aviation stakeholders on economic strategies
Evaluate the economic impact of aviation policies and regulations
Assess market opportunities and potential risks
Develop pricing and revenue optimization strategies
Provide economic consulting to airlines, airports, and aviation companies
Analyze global economic factors affecting air transportation
Conduct statistical research and econometric analysis
Prepare policy recommendations
Present findings to industry leaders and policymakers
Develop economic standards and benchmarks for the aviation industry

Details

Average Salary: $116,870
Salary Range: $60,560 - $212,260
Education: Graduate Degree
Outlook: Excellent (21% or more growth)
Total Jobs (2024): 630

Education and Training

Education

This occupation requires a Master's degree while some require Ph.D., M.D., or J.D.

Related Experience

Extensive skill, knowledge, and experience are needed for this occupations. Many require more than five years of experience.

Job Training

Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Programs

Employers

NCTCOG does not endorse or promote programs listed on this website. Content is derived from college/university webpages and is intended to be a collection of available opportunities in the North Texas area. Always conduct due diligence when considering an educational program. Please contact the institution directly for more information.

Business class passengers are the primary source of profit for airlines-this video explores the economics behind airline revenue and reveal why business class customers are the true focus of airline strategies.