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The aviation industry has seen dramatic changes in the past two decades with significant growth during the 1990s; a significant industry disruptive event on September 11, 2001; and an economic decline resulting in a sharp rise in fuel prices that has substantially changed the economics of airline operations and a decline in growth. During this period, airlines have adapted to the changes in various ways, many of which have resulted in adaptability issues for airport operators, thus raising the question of "is there a better way" to be more flexible and responsive to airline service changes in good and bad times. From an airline perspective, cost reduction since September 11 has been a prominent focus. From an airport operator perspective, adapting to and accommodating changing flight services by incumbent carriers as well as new entrant services has been a key focus. In recent years, offering more cost-effective solutions to retain or encourage new services in the face of service reductions has become a key focus. Airport operator interests in common use have been heightened by the potential for achieving a reasonable balance between airline and airport operator interests. The implications of transitioning from a traditional model (of airline facility use and leasing focused on dedicated facilities) to common use has elicited varying and, often, conflicting perceptions of benefit and cost.
This synthesis study is intended to inform airport operators, stakeholders, and policy makers about common use technology that enables an airport operator to take space that has previously been exclusive to a single airline and make it available for use by multiple airlines and their passengers. Common use is a fundamental shift in the philosophy of airport space utilization. It allows the airport operator to use existing space more efficiently, thus increasing the capacity of the airport without constructing new gates, concourses, terminals, or check-in counters. This synthesis was prepared to help airport operators, airlines, and other interested parties gain an understanding of the progressive path of implementing common use, noted as the common use continuum. It identifies advantages and disadvantages to airports and airlines, and touches on the effects of common use on the passenger. The information for the synthesis was gathered through a search of existing literature, results from surveys sent to airport operators and airlines, and through interviews conducted with airport operators and airlines.
Introduction to Air Transport Economics: From Theory to Applications uniquely merges the institutional and technical aspects of the aviation industry with their theoretical economic underpinnings. In one comprehensive textbook it applies economic theory to all aspects of the aviation industry, bringing together the numerous and informative articles and institutional developments that have characterized the field of airline economics in the last two decades as well as adding a number of areas original to an aviation text. Its integrative approach offers a fresh point of view that will find favor with many students of aviation. The book offers a self-contained theory and applications-oriented text for any individual intent on entering the aviation industry as a practicing professional in the management area. It will be of greatest relevance to undergraduate and graduate students interested in obtaining a more complete understanding of the economics of the aviation industry. It will also appeal to many professionals who seek an accessible and practical explanation of the underlying economic forces that shape the industry. The second edition has been extensively updated throughout. It features new coverage of macroeconomics for managers, expanded analysis of modern revenue management and pricing decisions, and also reflects the many significant developments that have occurred since the original’s publication. Instructors will find this modernized edition easier to use in class, and suitable to a wider variety of undergraduate or graduate course structures, while industry practitioners and all readers will find it more intuitively organized and more user friendly.
Foundations of Airport Economics and Finance analyzes the impact key economic indicators play on an airport's financial performance. As rapidly changing dynamics, including liberalization, commercialization and globalization are changing the nature of airports worldwide, this book presents the significant challenges facing current and future airports. Airports are evolving from quasi-monopolies to commercial companies operating in a global environment, with ever-increasing passenger and cargo volumes and escalating security costs that put a greater strain on airport systems. This book highlights the critical changes that airports are experiencing, providing a basic understanding of both the economic and financial aspects of the air transport industry.
"TRB's Airport Cooperative Research Program (ACRP) Report 157: Improving the Airport Customer Experience documents notable and emerging practices in airport customer service management that increase customer satisfaction, recognizing the different types of customers (such as passengers, meeters and greeters, and employees) and types and sizes of airports. It also identifies potential improvements that airports could make for their customers." -- Publisher's description
'TRB's Airport Cooperative Research Program (ACRP) Report 54: Resource Manual for Airport In-Terminal Concessions provides guidance on the development and implementation of airport concession programs. The report includes information on the airport concession process; concession goals; potential customers; developing a concession space plan and concession mix; the Airport Concessions Disadvantaged Business Enterprise (ACDBE) program; and concession procurement, contracting, and management practices"--Publisher's description.