New Revenue Sources and Financing Alternatives for Small and Mid-Sized Regional Airports

The identification and management of airport revenue and financing are essential to the proper management of airports. Small and mid-sized airports in the United States typically generate limited revenue and need to supplement their income with other sources. The COVID-19 pandemic affected aircraft movements and passenger volumes, making the need for diversified financing and revenue streams, beyond core operations, even more relevant. Airport Operators could benefit from a guide on revenue and financing alternatives (including nonairline revenues such as value capture, airport parking revenues, rental car revenues, and terminal concessions) for small and mid-sized regional airports. The objective of this research is to create a guide that provides an updated account of finance and revenue alternatives, including innovative capital financing mechanisms, for operators of small and mid-sized regional airports.

• Record URL:
  http://apps.trb.org/cmsfeed/TRBNetProjectDisplay.asp?ProjectID=5579
• Supplemental Notes:
  • Contract to a Performing Organization has not yet been awarded.

Language

• English

Project

• Status: Proposed
• Funding: $350000
• Contract Numbers:

  Project 01-56

• 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, Matthew

• Start Date: 20230808
• Expected Completion Date: 0
• Actual Completion Date: 0

Subject/Index Terms

• TRT Terms: Airports; Alternatives analysis; Financing; Revenues
• Subject Areas: Aviation; Finance; Terminals and Facilities;

Filing Info

• Accession Number: 01889755
• Record Type: Research project
• Source Agency: Transportation Research Board
• Contract Numbers: Project 01-56
• Files: TRB, RIP
• Created Date: Aug 8 2023 6:57AM