Over time, federal, state, and local governments have gradually increased the compliance requirements for U.S. airports. The costs associated with incorporating ongoing regulations in a wide array of subject areas have steadily added to airport operating costs. These costs are a growing concern for small hub and non-hub airports that have limited staff and financial resources. For many small airports, low levels of passenger enplanements and/or operations limit their ability to raise revenue or cut costs significantly to make up for the financial requirements of increased regulation. With budgets already stretched by operating costs and capital expenditures, many small airports struggle to absorb compliance costs. While government agencies provide some funding for new regulatory initiatives, most compliance costs remain the responsibility of the airport. The two objectives of this research study were (1) to identify the compliance requirements applicable to small hub and non-hub airports during the period from 2000 to 2010 (study period) and (2) to quantify the costs, including initial costs and recurring costs, of federal requirements on small airports. Additionally, the study identifies potential funding sources and investigates actual use of these sources by small airports to cover the costs of compliance.


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    Titel :

    Impact of Regulatory Compliance Costs on Small Airports


    Erscheinungsdatum :

    2013


    Format / Umfang :

    94 pages


    Medientyp :

    Report


    Format :

    Keine Angabe


    Sprache :

    Englisch