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
- Baylor University - Aviation Administration
- Embry-Riddle - Associate of Science in Aeronautics
- Embry-Riddle - Bachelor of Science in Aeronautics
- TWU - Aviation Science
- UNT - Aviation Logistics
