Investment in Airport Infrastructure
Investment in Airport Infrastructure.
Introduction
Airports face particular problems in the timing and financing of investment. Management must be aware of these problems and develop a style and structure that organises the airport business in ways that support investment decisions.
Investment Policies
Airports are a unique business with unique problems. The facilities must be adequate for safe and efficient operations. These facilities include runways, terminals, parking and access. They are expensive and "lumpy" projects that …
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…and Technology, University of Western Sydney, Macarthur.
Prices Surveillance Authority (1993). Inquiry into the Aeronautical and
Non-Aeronautical charges of the Federal Airports Corporation. CL3.
Report No. 48. Prices Surveillance Authority: Melbourne.
Prices Surveillance Authority, op.cit., Chapter 12.
Walters, A. A. (1978). Airports-An Economic Survey. Journal of
Transport Economics and Policy 12(2), pp. 125-160.
Watson, G. (1994). International Comparisons in the Economics or
Airport Management. 3rd UWS-Commerce/Management/Marketing
Seminar. Faculty of Business and Technology, University of
Western Sydney, Macarthur:Sydney.
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