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Determinants of financial health of US general aviation airports

Author

Listed:
  • Guzhva, Vitaly S.
  • Bazargan, Massoud
  • Byers, David A.

Abstract

This survey-based study investigates the current financial environment of US general aviation airports. Due to a dearth of data and research on the financial performance of general aviation airports, the paper provides vital information regarding the critical needs and major revenue sources of such airports. The findings suggest that general aviation airports can be self-sustaining regardless of their location, runway length and other airport-specific characteristics. The attitudes of the airport manager towards the importance of financial self-sustainability, positive relationships with local communities, and utilisation of non-traditional and non-aviation revenue sources are found to be critical for the financial health of general aviation airports. In addition, the research provides estimates of the funding needs of US general aviation airports and evidence of the cumulative demand for T-hangars on a national basis.

Suggested Citation

  • Guzhva, Vitaly S. & Bazargan, Massoud & Byers, David A., 2008. "Determinants of financial health of US general aviation airports," Journal of Airport Management, Henry Stewart Publications, vol. 2(2), pages 158-182, January.
    • Handle: RePEc:aza:jam000:y:2008:v:2:i:2:p:158-182
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    More about this item

    Keywords

    general aviation airport; revenue sources; financial self-sufficiency;
    All these keywords.

    JEL classification:

    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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