STUDY OF THE FINANCIAL ASPECTS OF AIRPORT OPERATION

Despite its current slump the growth rate of air traffic is expected to continue, and with it a growing demand on the nation's airports. In order to cope with growth, airports must be able to finance expansions. It is the aim of this study to outline the inner workings of an airport's economics and finances, and to update data currently in circulation on them. The thesis is divided into six chapters. Chapter One lays the ground work for what follows. It deals with various theories of airport economics; namely those concerned with financial objectives, and pricing policies. Chapter Two examines airport revenues, and presents average data for them as to their amounts and the methods employed in their collection. In addition, Chapter Two looks into the operation of three types of concessions: advertising; car rentals; and restaurants. Chapter Three discusses the expenses an airport incurs. Included in this Chapter are specific construction costs for Logan International Airport (Boston). Chapter Four compares the results of Chapters Two and Three, and shows the profits or losses that various categories of airports encounter. Chapter Five reviews the methods of financing used by airport operators. Finally, Chapter Six explores the finances of the airports at: Los Angeles, California; El Paso, Texas; and Portland, Maine.

  • Corporate Authors:

    Massachusetts Institute of Technology

    Department of Aeronautics and Astronautics, 77 Massachusetts Avenue
    Cambridge, MA  USA  02139
  • Authors:
    • Bauml, S F
  • Publication Date: 0

Media Info

  • Pagination: 145 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00155689
  • Record Type: Publication
  • Source Agency: Massachusetts Institute of Technology
  • Report/Paper Numbers: MS Thesis
  • Files: TRIS
  • Created Date: Sep 20 1977 12:00AM