Distinguish Between Airport Ownership And Operation Flashcards
What does the airport represent?
Economic development and employment
What did 1925 Kelly Air Mail Act start?
Kicked off air commerce
Civil Aeronautics Board was in charge of what?
Air routes
How is commercial airport identified?
+2500 emplanements
10,000 enplanements is a primary commercial airport
What is a characteristic of a GA?
< 2500 enplanements
What does NPIAS ID?
AIP eligible and justified airport improvements within 5 yrs
What are the 3 components of an airport revenue?
- Aeronautical
- Non-Aeronautical (aka incidental)
- Non Operating - PFC, CFC, interest, etc.
Aeronautical Revenue Sources are…
Landing Fees
Hangar rent
Fuel flowage fee
What is the agreement between airport and airlines?
Aeronautical Use Agreement
Airports charge rate includes…
Environmental, insurance, noise, debt-service, cash reserves and contingencies