Cm Mod 1 Flashcards
Simply put grant assurances are
A promise the airport sponsor makes when they except Airport improvement program money or land from the federal government
Why does the FAA use Grant assurances and what three competing interest do they
They allow Airport executive to better manage a local fairs. They meet the FHA requirement that federal funds are used for public air transportation. And they meet the goal of the federal government to promote social objectives ADA compliant
How long are insurance is in effect for
20 years to life
What if you violate Grant insurances
Risk losing federal funds by being placed on the non-compliance list
Who is most likely to fall apart 13 or part 16 complaint
FAA or aeronautical user
What is Airport law
A phrase used to describe a collection of FAA regulations very statutes Grant insurances advisory circular’s and court decisions at the local state and federal levels
What happens when the Airport excepts federal money or land
The airport is in a closed fist school system revenues generated by the airport must be expanded at the airport
What is the role of the FAA related to the airport operator
Airport operator must remember that they are running a public entity but also a business enterprise that is heavily regulated
What is a ICAO and what do they do
International civil aviation organization. They provide international cooperation and uniformity in regulations and standards
What are the two types of on Airport land
Aeronautical and non-aeronautical
What are the two types of off Airport land
Compatible and incompatible Land use
What structures are generally considered to be incompatible with Airport Operations
Anything that affects the air space
What are some options for Airport Operations to attempt to prevent incompatible Land use
Through the airport master plan or adopting ordinances
What does Grant assurances 19 Operations is a maintenance required to Airport to
Must be safe and serviceable condition
Why does the FAA Encourage airport to have minimum standards
They help insurance in adequate level of safe and efficient service is available to the public
What is an example of just discrimination
Unless it would be unreasonable really costly Burton soon or impractical. Or if they have an exclusion right
What are the overall benefits of minimum standards
They promote safety and maintain a high quality of service and they protect the airport from unlicensed product or services
What does the exclusion right Grant insurance is 23 require and what are the exceptions
Airport operator cannot grant an aeronautical tenant the exclusion right to conduct a particular commercial aeronautical service
Explain what you can and cannot do at an airport
Airport may impose conditions rules and regulations and users and tenants to ensure safe and efficient operations
What is a through the fence agreement
May occur when there is an aeronautical user adjacent to the airport example Airpark type communities
What are the four basic types of leases
Straight lease
Graduated lease
Re-evaluated lease
Percentage lease
What are the critical elements of the leasehold agreement
At least generally consist of recitals, the term date, improvements, repairs and obligations, the use of the property, and the expiration.
What are the factors to consider in concession leasing and rate setting
Location, size, supported infrastructure, exposure to traveler, and demand for the airport space
What is a mag
It is a minimum amount guarantee
What are the three approaches to leasing concession space
Traditional
Development company
Institutional operator
What are the five steps of Airport property development
Acces- zoning Market analysis Develop a pro forma. Profit margin Construction Operating plan
What are the four areas Airport executive should assess when upgrading computer system
Compatible, security and safety, scalability, and usability
Identify the primary IT system at an airport and their function
Airfield lighting essential to safety of the airport at night