ANALYZING THE FINANCIAL IMPACT ON AIRPORTS OF REMOTE AIRPORT GROUND TRANSPORTATION TERMINALS
Airline deregulation in the United States has had a significant impact not only on the airlines but also on the airports that facilitate air travel. Airline "wars" and competition have received considerable attention, but little has been written on competition among airports for airline travellers. Recent steep discounting of fares between major airport hubs and the withdrawal of major carrier service from many smaller airports has led major airport hubs to expand their geographic base, drawing patrons away from smaller airports nearby (50 to 100 mi). This trend has had obvious negative effects on the smaller airports and positive benefits on the more fortunate, larger hubs, which now enjoy greater revenue from additional patrons. In addition, an upward spiral effect is evident when airlines view the hub as a larger market and add additional or more direct flight service. This only accelerates the move away from smaller airports. Seeking to provide service and profit from this national trend, airport ground transportation operators, airlines, and airports are looking at remote ground transportation terminals in distant cities as a means of facilitating this long-distance traffic and increasing its potential. Some airports are motivated by the obvious financial gain, but others are especially hard pressed to provide roadway and parking space for the private vehicles emanating from this new passenger influx. Remote terminals, however, may have negative financial impacts in the form of lost parking and car rental income. Therefore, a methodology for analyzing the potential market for remote airport ground transportation terminals and their financial impacts is presented in this paper. The methodology is explained through the actual data used in an analysis for the Detroit Metropolitan Airport.
- Record URL:
- Summary URL:
-
Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0309041147
-
Supplemental Notes:
- Publication of this paper sponsored by Committee on Airport Landside Operations. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
-
Authors:
- Mundy, Ray A
- LANGLEY, C JOHN
- Ward, Timothy D
-
Conference:
- 65th Annual Meeting of the Transportation Research Board
- Location: Washington District of Columbia, United States
- Date: 1986-1-13 to 1986-1-16
- Publication Date: 1986
Media Info
- Media Type: Print
- Features: Tables;
- Pagination: pp 39-50
- Monograph Title: Issues in air transport and airport management
-
Serial:
- Transportation Research Record
- Issue Number: 1094
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Accessibility; Airport access; Airports; Economic impacts; Ground transportation; Intermodal terminals
- Uncontrolled Terms: Remote areas
- Subject Areas: Aviation; Economics; Finance; Highways; Terminals and Facilities;
Filing Info
- Accession Number: 00471792
- Record Type: Publication
- ISBN: 0309041147
- Files: TRIS, TRB
- Created Date: Mar 31 1988 12:00AM