Development of a Web-Based Airport Rates and Charges Model
Charging market rates and fees for airport facilities and services is critical for putting an airport on the path to self-sufficiency. Charging market rates for airport leases and rents is also a grant assurance and compliance requirement. However, many airports have rates and charges that are below market rates and do not have a mechanism in place for knowing what they should charge for the facilities and services at their airport. This research will provide airports with a strategy to increase airport revenue, rely less on state and federal funds, and help reduce non-aeronautical use of hangars. The research team will perform a literature review, develop a rates and charges survey, administer the survey, and analyze the results. The research team will use this data from the survey to develop a rates and charges model that will provide users with the ability to better understand what their fee structure should look like based on a variety of input variables including geographic location, airport type, airport size, and activity level. The output will be a series of averages or ranges of rates and charges for various hangar types and sizes, fuel flow fees, and other facilities/charges found on airport property for both aeronautical and non-aeronautical use. The rates and charges model developed from this research will allow airport sponsors, Texas Department of Transportation (TxDOT), and other stakeholders, including airport businesses, tenants, aircraft owners, and city/county officials, to gain a better understanding of what their area’s market rates are and what they should be charging at a particular airport. Many smaller airports do not have the staff expertise to ascertain market rates; this model will help them do that. For those airports with some expertise or capability in this area, this model will provide some additional information and assurance that their rates are appropriate. The research team will create an easy-to-use web-based interface allowing users to select criteria best matching their airport. The model will then use these criteria to provide comparable rates and charges for similar facilities and services. The research team will also develop a User’s Guide to explain how to use the rates and charges model, what the results are, what they mean, and how the airport sponsors and TxDOT can use them.
Language
- English
Project
- Status: Completed
- Funding: $259000
-
Contract Numbers:
0-7056
-
Sponsor Organizations:
Texas Department of Transportation
125 E. 11th Street
Austin, TX United States 78701-2483Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Managing Organizations:
Texas Department of Transportation
125 E. 11th Street
Austin, TX United States 78701-2483 -
Project Managers:
Pridgen, Shelley
-
Performing Organizations:
Texas Transportation Institute
Texas A&M University System
3135 TAMU
College Station, TX United States 77843-3135 -
Principal Investigators:
Borowiec, Jeffrey
- Start Date: 20200303
- Expected Completion Date: 20211031
- Actual Completion Date: 20211031
Subject/Index Terms
- TRT Terms: Airport operations; Airports; Economic analysis; Rates
- Subject Areas: Aviation; Finance; Terminals and Facilities;
Filing Info
- Accession Number: 01744103
- Record Type: Research project
- Source Agency: Texas Department of Transportation
- Contract Numbers: 0-7056
- Files: RIP, STATEDOT
- Created Date: Jun 25 2020 5:02PM