FINANCING THE NEW GENERATION OF AIRPORTS

High costs and the use of unprecedented construction technology may render the traditional methods of financing airports inadequate. Three factors must be taken into consideration in selection a financing mechanism: ownership policy; funding level: and design complexity. Financing of the cost and an unorthodox location introduce the need for unconventinal financing methods. The most promising of these has as its keystone the creation of a fund to which all interested airport developers could contribute and which would be used to guarantee bonds issued by those developers for the construction of their airports. The integrity of the fund would in turn be guaranteed by the Federal Government.

• Supplemental Notes:
  • Proceedings of the 1st International Conference on Offshore Airport Technology, Bethesda, Maryland, 29 April to 2 May 1973.
• Corporate Authors:

  American Institute of Aeronautics and Astronautics

  1290 Avenue of the Americas
  New York, NY  United States  10019
• Authors:
  • Jakobsberg, W
• Conference:
  • Proceedings of the 1st International Conference on Offshore Airport Technology, Bethesda, Maryland, 29 April to 2 May 1973.
• Publication Date: 1974

Media Info

• Pagination: p. 29-34
• Serial:
  • Volume: 2

Subject/Index Terms

• TRT Terms: Airport operations; Airport planning; Airports; Bonds; Costs; Design; Federal government; Finance; Financing; Location; Offshore airports; Ownership
• Old TRIS Terms: Airport location
• Subject Areas: Aviation; Design; Finance; Terminals and Facilities;

Filing Info

• Accession Number: 00163508
• Record Type: Publication
• Source Agency: Engineering Index
• Report/Paper Numbers: Proceeding
• Files: TRIS
• Created Date: Sep 28 1977 12:00AM