Aussie,
I agree with you mate. Mickey mouse degree that wouldn't get you a job in the real world.
Marketing
Human Resource Management
Air Transport Economics,
Financial Accounting
Law and Negotiating
All of these subjects above are specialist areas, there is no way you can cover them properly to employment level at the same time. If I had a position for marketing I would get someone who has a degree in Marketing, HR you can't do because its not CIPD recognised, Economics I would rather get someone with a degree specialise in the economy, accountign I would get an accoutant and law I would get a legal advisor or a lawyer (which the degree doesn't qualify you for either).
If you want to get into management do a proper management course the airline industry isn't anywhere as big as other markets and therefore doing a general management degree will give you the option to going into a number of industries not just the airlines.