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NTL Classification:NTL-AVIATION-Airports and Facilities ; NTL-AVIATION-Aviation Planning and Policy ; NTL-AVIATION-Aviation Economics and Finance ; NTL-ECONOMICS AND FINANCE-Aviation Economics and Finance ;
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Abstract:The study’s purpose is to provide MoDOT with insight to the potential ROI for airport investments in terms of economic development. To do so, this study addresses two central objectives: first, an approach to evaluate airport investments; and secondly, an investment evaluation of five diverse general aviation airports. Review of past airport economic evaluation approaches provides a framework to assess the potential economic returns, while at the same time addressing the difficult issues that complicate the analysis.
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