The development estimates contained in this report were largely compiled in 2007 and reflect infrastructure needed in Fiscal Years (FY) 2009 through 2013. The statistics in this report were being prepared for publication prior to the sharp increase in oil prices and the slowing economy that occurred this year. The higher jet fuel prices are taking a toll on the aviation industry with airlines cutting capacity and increasing fares and fees which may dampen demand beginning in the fall. However, it is too early to predict whether this is a sustainable trend and the resulting long-term impact on the airport system. As a result of cuts in airline service, airports are taking steps to control costs and enhance revenue with some airports deferring capital projects and others cautiously proceeding with projects. Given the current uncertainty in the aviation industry, the development estimates in this report may be overstated for the 2009-2013 period. We anticipate that the next report, due to Congress in September 2010, will reflect the changes currently underway.


    Access

    Access via TIB

    Check availability in my library


    Export, share and cite