There has been an ongoing debate in recent years over the amount of capital investment required at the nation's airports. While no one disputes that upholding the integrity of the nation's airport system requires continual capital investment, from repairing runways to constructing new terminals, the estimates of how much this is likely to cost have varied widely. In 1996, airport representatives estimated costs at $10 billion per year, while airline representatives estimated costs at $4 billion per year. The Federal Aviation Administration (FAA) estimated that airport capital needs were roughly between the two other estimates, at $6.5 billion annually. As part of the FAA Reauthorization Act of 1996 (P.L. 104-264, section 274(e)), the Congress directed us to provide an independent assessment of airport development needs to it and to the National Civil Aviation Review Commission established by the same act. A clear understanding of these capital development needs is an important step in agreeing on the future funding levels for airport grants and on passenger facility charges. On the basis of our discussions with the House and Senate aviation subcommittees, we agreed to the following objectives for our review: Compare the estimated capital development needs made by airport and airline groups and FAA to determine why they differ. Provide an up-to-date range of estimates of what airport capital development needs are likely to be for the 5-year period from 1997 through 2001. Identify the key factors that affect airport capital development needs and determine how these factors are likely to affect such needs during the next 5 years.
Airport Development Needs: Estimating Future Costs
1997
46 pages
Report
No indication
English
Airport parking: assessing future needs
British Library Conference Proceedings | 1995
|A Method for Determining Future Airport Needs
British Library Conference Proceedings | 2002
|Estimating the costs of airport congestion due to fast connections
Online Contents | 2007
|Estimating the costs of airport congestion due to fast connections
Elsevier | 2007
|Allocation of Future Federal Airport and Airway Costs
NTIS | 1986
|