AIRPORT ECONOMICS AND FINANCING
Due to the recent economic recession, both airlines and (to a lesser degree) airports have suffered financially. Airlines and airports are in a high fixed cost industry, so they can make very good profits when operating at capacity and when they are not over-invested. The British Airport Authority has demonstrated that good profits allow an airport to be self financing, thereby reducing the requirement to borrow. The basic principles of airport finance are discussed, and the profit objective is outlined. Various methods of financing airport developments, including grants, self generated funds, and borrowing, are examined.
- The Challenging Future, Proceedings of the 5th World Airports Conference, 5-7 May 1976.
London, United Kingdom SW1P 3AA
- Schroder, B L
- Publication Date: 1976
- Features: References;
- Pagination: 14 p.
- TRT Terms: Airlines; Airport operations; Airport planning; Airports; Development; Economics; Finance; Grant aid; Profits
- Old TRIS Terms: Airport development
- Subject Areas: Aviation; Economics; Finance; Terminals and Facilities;
- Accession Number: 00155798
- Record Type: Publication
- Source Agency: International Aerospace Abstracts
- Files: TRIS
- Created Date: Sep 20 1977 12:00AM