Using aeronautical property for non-aeronautical purposes: the good, the bad and the ugly

When airports do not have lucrative concessions or other ways to increase revenues, especially when they have ample surplus property, they often look to non-aeronautical uses in order to supplement income. While this is not a bad idea on the surface, there are several hurdles that need to be considered. A sampling of the most common approaches is presented here, focusing on the four avenues typically used to convert aeronautical property for non-aeronautical purposes. The bottom line is that an airport needs to understand all risk-reward dynamics and what the headlines will say in the face of failure or a Federal Aviation Administration (FAA) letter of non-compliance.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures; Photos;
  • Pagination: pp 24-26
  • Serial:
    • Airport Magazine
    • Volume: 25
    • Issue Number: 3
    • Publisher: AAAE Service Corporation, Incorporated
    • ISSN: 0744-5326

Subject/Index Terms

  • TRT Terms: Airports; Property management; Revenues
  • Subject Areas: Administration and Management; Aviation; Finance; Terminals and Facilities; I10: Economics and Administration;

Filing Info

  • Accession Number: 01491603
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 13 2013 7:49PM