ACRP Insight Event--Future of Airport Finances

The financial aspects of operating an airport have always been challenging. The challenges have ranged from predictable, day-to-day issues to system shocks such as the September 11th terrorist attacks and the COVID-19 pandemic. System shocks, by their nature, pose significant disruption. But they also provide airports with real inflection points and impetus to take stock of current practice and make significant, needed changes to their financial planning and operations. Additionally, airports are seeing new staff joining their financial team who may be unfamiliar with issues unique to airports. The financial challenges require both an immediate response to help airports currently experiencing unprecedented negative impacts and a traditional research-based response to provide resources and guidelines. To address the immediate need for information exchange, ACRP will conduct an Insight Event on the Future of Airport Finances. The purpose of this convening event is to allow airports and stakeholders to share their responses and near-term plans for adapting to the current industry financial challenges and help identify the areas of research to be undertaken in a future ACRP project.

• Record URL:
  http://apps.trb.org/cmsfeed/TRBNetProjectDisplay.asp?ProjectID=5036

Language

• English

Project

• Status: Active
• Funding: $120000
• Contract Numbers:

  Project 11-08(21-01)

• Sponsor Organizations:

  Airport Cooperative Research Program

  Transportation Research Board
  500 Fifth Street, NW
  Washington, DC    20001

  Federal Aviation Administration

  800 Independence Avenue, SW
  Washington, DC  United States  20591
• Project Managers:

  Griffin, Matt

• Performing Organizations:

  HMMH

  ,    
• Principal Investigators:

  Preston, Katherine

• Start Date: 20210817
• Expected Completion Date: 0
• Actual Completion Date: 0

Subject/Index Terms

• TRT Terms: Airports; Financing; Forecasting; Planning
• Subject Areas: Aviation; Finance; Planning and Forecasting; Terminals and Facilities;

Filing Info

• Accession Number: 01779159
• Record Type: Research project
• Source Agency: Transportation Research Board
• Contract Numbers: Project 11-08(21-01)
• Files: TRB, RIP
• Created Date: Aug 17 2021 10:12PM