A method and system for an air management system (AMS) is provided. The AMS includes a jet pump assembly including a motive air inlet, a plurality of suction inlets, and a single outlet. The AMS also includes a supply piping arrangement including a conduit configured to channel relatively higher pressure air from a compressor to the motive air inlet, a conduit configured to channel relatively higher pressure air from the compressor to at least one of the plurality of suction inlets through a shutoff valve, and a conduit configured to channel relatively lower pressure air from the compressor to at least one of the plurality of suction inlets. The AMS further includes an outlet piping arrangement configured to channel outlet air from said jet pump assembly to a distribution system. A pressure regulation strategy of the motive jet pump flow allows optimization of engine fuel burn and/or thrust, depending on which is most important to the aircraft during any flight phase.