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Criteria for measuring the financial effectiveness of an airport plan are usually determined by considering various evaluative measures including these [21]: 1 The effectiveness of functional areas as measured by the ratios of the amount of public space, revenue space, airline exclusive space, and concession space to the total space within the terminal building 2 The relative effectiveness of areas within the terminal building, as indicated by the ratio of airline exclusive space to the number of gates and the ratio of the ramp area to the total building area 3 An evaluation of annual costs and revenues for various items in each of the cost-center categories, as shown by the cost and revenue per enplanement, per operation, per 1000 lb of aircraft landing weight, and per square foot of building space 4 The effectiveness of the schedule plan of the airline, as indicated by the number of departures per gate and enplaned passengers per unit of airline exclusive space The final determination of the most effective plan is made through the process of discussion and negotiation between airport managers and users Various assumptions are made concerning the allocation of costs and revenues between cost centers until a consensus is reached At this point airline lease agreements and concession policies are developed which result in long-term commitments by the airlines and tenants to the airport project In the final analysis, airport expansion plans must address not only the needs for changes in physical facilities but also the economic, environmental, and financial feasibility associated with such development It can be expected in this age of limited financial resources, with energy and aircraft equipment needs foremost in the management of airlines, that a clear determination of the feasibility of airport expansion projects will be required before long term commitments for support by the airline will be made
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1 AOCI Uniform Airport Financial Statement, Airport Operators Council International, Inc, Washington, DC 2 Airport Administration and Management, John R Wiley, Eno Foundation for Transportation, Inc, Westport, Conn, 1986 3 Airport Economics Manual, Doc No 9562, International Civil Aviation Organization, Montreal, Canada, 1991 4 Airport Finance, Norman Ashford and Clifton A Moore, Van Nostrand Reinhold, New York, NY, 1992
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5 Airport Planning and Management, D F Smith, J D Odegard, and W Shea, Wadsworth Publishing Company, Belmont, Calif, 1984 6 Airport Economic Planning, Airport Revenues and Expenses, G P Howard, Editor, MIT Press, Cambridge, Mass, 1974 7 Economics of Airport Operation, Calendar Year 1972, J A Neiss, Federal Aviation Administration, Washington, DC, April 1974 8 Eleventh Annual Report of Operations Under the Airport and Airway Development Act, Fiscal Year Ended September 30, 1980, US Department of Transportation, Federal Aviation Administration, Washington, DC, 1981 9 Fort Lauderdale-Hollywood International Airport Economic Feasibility, Preliminary Report, Aviation Planning Associates, Inc, Cincinnati, Ohio, April 1981 10 General Aviation and the Airport and Airway System: An Analysis of Cost Allocation and Recovery, National Business Aircraft Association, Inc, Washington, DC, April 1981 11 Hearings before the Subcommittee on Aviation of the Committee on Commerce, US Senate, Washington, DC, July 1969 12 National Airport System Plan, 1978 1987, Federal Aviation Administration, Department of Transportation, Washington, DC 13 National Airspace System Plan, Federal Aviation Administration, Washington, DC, 1989 14 National Plan of Integrated Airport Systems (NPIAS) 1990 1999, Federal Aviation Administration, US Department of Transportation, Washington, DC, 1991 15 Passenger Facility Charges, Part 158, Federal Aviation Regulations, Federal Aviation Administration, Washington, DC, June 1991 16 Planning for Airport Access: An Analysis of the San Francisco Bay Area, Conference Publication 2044, National Aeronautics and Space Administration, Ames Research Center, Moffett Field, Calif, May 1978 17 Reauthorizing Programs of the Federal Aviation Administration, Future Capacity Needs and Proposals to Meet Those Needs, Subcommittee on Aviation, Committee on Public Works and Transportation, House of Representative Report No 101-37, US House of Representatives, Washington, DC, 1990 18 Senate Report No 97 97, Airport and Airway System Act of 1981, Committee on Commerce, Science, and Transportation, US Senate, Washington, DC, May 15, 1981 19 State Funding of Airport and Aviation Programs, National Association of State Aviation Officials, Washington, DC, 1981 20 Tenth Annual Report of Accomplishments Under the Airport Improvement Program, Fiscal Year 1991, Federal Aviation Administration, Washington, DC, 1992 21 The Apron-Terminal Complex, The Ralph M Parsons Company, Federal Aviation Administration, Washington, DC, September 1973 22 The States and Air Transportation: Expenditures and Tax Revenues, Center for Aviation Research and Education, National Association of State Aviation Officials, Silver Spring, Md, 1991 23 Airport Planning and Management, 5th ed, Alex Wells and Seth Young, McGraw Hill Publishing, New York, NY, 2003 24 Innovative Finance and Alternative Sources of Revenue for Airports, Cindy Nichol, Transportation Research Board, ACRP Synthesis 1, Washington, DC, 2007
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