Airport Development Needs: Estimating Future Costs

Details

• Corporate Creators:
  United States. Government Accountability Office
• Subject/TRT Terms:
  • Airport facilities
  • Airports
  • Capital expenditures
  • Economic analysis
  • Economic forecasting
  • Government funding
  • Airport Improvement Program (AIP) grants
  • Capital development needs
  • Commercial service airports
  • General aviation airports
  More +
• Publication/ Report Number:
  GAO/RCED-79-99
• DOI:
  https://doi.org/10.21949/1404176
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Corporate Publisher:
  United States. Government Accountability Office
• Abstract:
  As part of the FAA Reauthorization Act of 1996 (P.L. 104-264, section 274(e)), the Congress directed the General Accounting Office (GAO) to provide an independent assessment of airport development needs to it and to the National Civil Aviation Review Commission. While no one disputes that upholding the integrity of the nation's airport system requires continual capital investment, from repairing runways to constructing new terminals, the estimates of how much this is likely to cost have varied widely. The main reason for the differences in the airports', the airlines', and FAA's estimates of airport capital needs is that they are based on widely divergent views about which types of development projects and airports to include in their estimates. Using the most current and complete data-compiled from FAA, airports, state aviation agencies, and private sources-the GAO developed four estimates ranging from $1.4 billion to $10.1 billion annually for the 5-year period from 1997 through 2001, depending on how needs are defined. The GAO believes that providing a range of estimates for future airport capital needs is more useful than a single estimate because it provides various perspectives for policymakers to consider.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/12591/dot_12591_DS1.pdf
• File Type:
  [PDF - 258.45 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:c810cb9c13662cc0560ef230e364ba2c1a1fdfa0b0cf7243da96b37456bdd1965cb11194d7490ebc22274852e7a67c03416575fe78ac6f3978039f66233755a8