Large commercial airports in the United States : operative revenue framework (original) (raw)

The air transportation system in the United States is in a state of constant change and adaptation. Greatly affected by rapid changes in the industry are the large commercial airports that handle the greater proportion of passenger traffic. To increase capacity, maintain adequate levels of safety and security, and provide increased convenience and comfort to passengers, these airports need to invest heavily in capital programs, whose prices continue to escalate rapidly. The funding of capital programs for airports in the United States is closely associated with their operating revenue structures. Therefore, this thesis develops a framework for understanding these operating revenue structures. The high concentration of the air traffic in the United States suggests that a large portion of investment in airport infrastructure will be destined to few large facilities. Hence the primary area of concern of this study is the largest commercial airports in the United States Part I examines ...