Assessing and Implementing Innovative Revenue Strategies--A Guide for Airports

As the domestic and world economies continue to exert stress on the economic health of the aviation industry, airports seek to reduce expenditures as well as diversify and improve their revenue streams. These efforts are apparent by the growing practice to solidify current sources of revenue while looking to improve future financial conditions in situations where financial forecasts are difficult; i.e., many airports are developing new and innovative revenue-generating techniques to supplement more traditional methods. Research is needed to collect information about and analyze the effectiveness of existing and new and innovative techniques for generating revenue for airports. Research is also needed to analyze untried ideas for capturing a reasonable percentage of the value created by airport passenger and cargo activity in order to help an airport's economic condition. The research proposed in this study would evaluate a wide range of revenue-generating tools and techniques now in practice as well as develop innovative techniques, perhaps not yet in practice. Based on the ability to measure an airport's long-term contribution to regional economic value, the study would identify alternative techniques that could capture a portion of that value as a new revenue source for airport planning, operation, expansion, environmental considerations, and overall development.

Language

  • English

Project

  • Status: Proposed
  • Funding: $400000.00
  • Contract Numbers:

    Project 1-15

  • Sponsor Organizations:

    Federal Aviation Administration

    800 Independence Avenue, SW
    Washington, DC  United States  20591

    Airport Cooperative Research Program

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC    20001
  • Project Managers:

    Goldstein, Lawrence

  • Start Date: 20100503
  • Expected Completion Date: 0
  • Actual Completion Date: 0
  • Source Data: RiP Project 23604

Subject/Index Terms

Filing Info

  • Accession Number: 01461939
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 1-15
  • Files: TRB, RiP, USDOT
  • Created Date: Jan 3 2013 1:55PM