Financial planning of an airport is not a static activity. Continuous planning and management is required to adapt to the changing levels in demand, needs for maintaining and improving facilities, and especially the changing levels of revenues and other funding available to the airport.

 

     Answer the following questions

1. What types of insurance does airports carry? What are the purposes of each type of insurance?
2. What are the primary differences between the residual cost approach and the compensatory approach? How do these cost approaches affect landing fees and other charges?
3. What elements are considered in establishing the feasibility of using bonds for financing development?
4. How do airports develop their operating budgets?

Answer rating: 100% (QA)

1 Types of Insurance at Airports and Their Purposes Property Insurance Covers physical assets agains... View the full answer