Introduction to the AAAE Certified Member (C.M.) Flashcards

Focus of material

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1
Q

PRIMARY FOCUS OF C.M.?

A

AIRPORT RELATED MANAGEMENT PRACTICES; NOT BASIC BUSINESS MANAGEMENT SUCH AS HR, BUSINESS COMMUNICATIONS, ACCOUNTING, ETC.

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2
Q

AAAE C.M. PROGRAM MATERIALS SERVE AS?

A

A BASELINE KNOWLEDGE FOR AIRPORT ACREDITED EMPLOYEE AND THE KNOWLEDGE TO PASS EXAM

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3
Q

WHAT ARE A FEW REASONS THAT A C.M. COURSE DOESN’T ADDRESS ALL ASPECTS OF AIRORT MANAGEMENT?

A

DIFFERENT REGULATORY INTERPRETATIONS, PERSONAL AGENDAS, AIRPORT RESOURCES, PRATICAL SITUATIONS, GRANDFATHER AGREEMENTS, PREVIOUS LAWSUITS OR FAA PART 13 OR 16 COMPLAINTS, UNIQUE TENANTS, ETC.

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4
Q

WHAT SCORE PERCENTAGE IS A PASSING SCORE FOR C.M.?

A

70

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5
Q

NUMBER OF EXAM QUESTIONS AND TYPE?

A

180 MULTIPLE CHOICE

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6
Q

AIRPORT SPONSOR?

A

GOVERNING BODY OF THE AIRPORT; USUALLY ELECTED OFFICIALS OR APPOINTED BOARD MEMBERS

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7
Q

AIRPORT EXECUTIVE?

A

PARTICULAR INDIVIDUAL, SUCH AS THE AIRPORT DIRECTOR, MANAGER, OR CHIEF EXECUTIVE OFFICER (CEO)

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8
Q

AIRPORT OPERATOR?

A

OVERALL AIRPORT MANAGEMENT STRUCTURE, INCLUDING THE SPONSOR, THE EXECUTIVE, AND THE OTHER PERSONNEL ESSENTIAL TO THE AIRPORTS OPERATION

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9
Q

AIRPORT FUNDAMENTALS PROVIDE THE AIRPORT EXECUTIVE WITH 3 KEY AREAS:

A
  1. THE PROCESS OF HOW THE U.S. AIRPORT AND NATIONAL AIRSPACE SYSTEM WERE DEVELOPED
  2. UNDERSTANDING FLYING AND FLIGHT OPERATIONS IN THE U.S.
  3. AIRPORT ORGANIZATION AND REGULATIONS
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10
Q

AIRPORT IS CATEGORIZED AS:

A

BUSINESS AND PUBLIC UTILITY

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11
Q

WHO MUST AN AIRPORT SERVE FIRST:

A

PILOT

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12
Q

WHAT HELPS AIRPORT EXECUTIVES TO BETTER UNDERSTAND POLICY DECISIONS AND HOW TO EXPLAIN THESE CONCEPTS TO THE BOARDS?

A

UNDERSTANDING GOVERNMENT REGULATIONS AND GUIDANCE AND HOW THEY WERE DEVELOPED

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13
Q

AIRPORTS PROVIDE WHAT TO THE PUBLIC AND COMMUNITY?

A

AIR TRANSPORTATION AND ECONOMIC BENEFITS

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14
Q

WHAT DOES REVENUE STREAMS, EMPLOYMENT OF PEOPLE AND COMPANIES RELY ON?

A

SAFE , SECURE, AND EFFICIENT FUNCTIONING OF THE AIRPORT

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15
Q

How does the significance of commercial development and property management relate to the airport’s revenue stream?

A

Direct impact by generating income through leasing spaces, attracting businesses, and enhancing overall property value. Effective management of commercial spaces and properties ensures

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16
Q

Effective management of commercial spaces and properties ensures what for the airport?

A

A steady revenue flow, which is crucial for sustaining and improving airport operations.

17
Q

How do airport stakeholders, including aeronautical users and the FAA, anticipate the airport executive to balance generating revenue to cover operational costs while also maximizing non-aeronautical income to minimize aeronautical charges?

A

They expect the airport executive to manage operations in a way that ensures financial sustainability. This involves generating sufficient revenue to cover the costs of maintaining a safe, secure, and efficient airport environment, while optimizing non-aeronautical revenue stream and aiming to keep aeronautical charges at a minimum.

18
Q

How do airport executives navigate the challenge of balancing FAA-required processes and restrictions, including federal procurement requirements, while adapting to the diverse methods of conducting business within each municipality, authority, or other entity operating the airport?

A

Airport executives navigate complex tasks, aligning FAA requirements with diverse local business methods. Success involves strategies for federal compliance within specific operational frameworks, crucial for effective and compliant airport operations.

19
Q

Who has considerable responsibility for real property management?

A

Airport Administration

20
Q

How does airport property and spaces serve as a substantial revenue source and, simultaneously, pose the potential for disputes?

A

Through leaseholds, rent of airport land and terminal space is often in high demand and produces significant revenue.

21
Q

Core element of any business or govt. agency.

A

A strategic business plan.

22
Q

How does an airport business plan help managers, policymakers, and stakeholders stay focused on goals and the mission?

A

-maintains focus and provides decision-making framework for
-object. for achieving goals (benchmarking).
-actions plans
-checking progress (assessing success)
-Provides the basis for making adjustments as needed

23
Q

What is the best way to comply with Grant Assurance 24, Fees, Rates, and charges?

A

Create a business plan to generate revenue, provide for customer needs, reducing costs, securing capital, create more jobs, and becoming self-sustaining (no government funding).

24
Q

What opportunity amongst stakeholders in the community relations/marketing perspective will increase awareness of airport benefits, builds community support, and fosters transparency?

A

An airport business plan.

25
Q

What are the elements of an airport business plan?

A

Executive Summary, Intro., Mission, Vision, Values statement, Goals, Objectives, Action plans, Budgets, and appendix

26
Q

Why are historical references important to the airport executive?

A

Because regulations and the “why of things” can be found in the past.

27
Q
A