2016 AAAE CM Finance & Administration

48 cards   |   Total Attempts: 182
  

Cards In This Set

Front Back
Airport Sponsor "owner" "operator"
  • Entity legally responsible for operation of airport
  • Commonly a municipality-city or county
  • May also be an Airport Authority, State, or Port Authority
Policymaking Board
  • Can be extension of the municipality
    • Board of commissioners, City Council, or separately appointed Authority
  • Typically, airport director/manager reports to policymaking board or a County Admin, Executive, City Manager, or Division or Department head within municipal structure
Airport Executives must balance the desires of the airport sponsor with the needs and desires of?
Key stakeholders such as
  • airport business operators
    • airlines, concessions, FBOs, service providers, and other airport tennants
  • Airport users
    • PAX and pilots
  • The surrounding community
  • Regulatory Agencies
    • FAA, TSA, and State Aviation Agencies
Who sets goals, identifies strategies for fulfilling the vision of the airport, approves plans and programs, assigns and oversees the airport manager's responsibilities, and often selects consultants, and service providers?
The policymaker or governing body
Who does the research and makes recommendations to their board once policy directives are issued, implements the policies, manages the day-to-day operations, and reports back to the governing body?
The Airport Executive
Airport Executives and policymakers must understand and balance what two dichotomous philosophies?
  • The airport is a public entity and must be managed as a public entity
  • The airport is a business and must also be managed as a business
  • So The airport is public entity that is run like a business
Public Airports are generally...
  • owned by government entities and do not exist to create a profit though self-sufficiency may be their financial goal
  • The distinction of airports as public entities could become less clear with the growth of airport privatization as an acceptable means of operation and potential ownership
The FAA encourages airports to be self-sufficient, with all operational expenses covered by airport revenues but...
Many small commercial service and GA airports remains partially funded by local taxpayers through the general fund
Kelly Airmail Act 1925
  • 1925
  • U.S. Government hires private contractors to carry mail by air
  • Represents start of commercial aviation
  • Previously, U.S. Army pilots flew mail
Air Commerce Act1926
  • 1926
  • Cornerstone for commercial aviation in U.S.
  • Promote development and stability of commercial aviation
  • Establishes jurisdiction of aviation under the Secretary of Commerce who issues and enforces air traffic rules
  • Establishes pilot and aircraft licensing
  • Establishes airways and maintains aids to navigation
    • initially, towers with beacons on top and paved arrow symbols in the ground
Civil Aeronautics Act1938
  • 1938
  • Transferred the federal government's civil aviation role from Department of Commerce to a new independent agency, the Civil Aeronautics Authority (CAA)
  • Placed all aviation regulations under an authority
  • Begins economic regulation
  • Creates the Administrator position
  • Creates the Air Safety Board (predecessor to the NTSB)
The Reorganization Act1940
  • 1940
  • Split the CAA into two agencies
    • CAA and Civil Aeronautics Board (CAB)
  • CAA continues regulation enforcement, airman and aircraft certification, and development of the airway system
  • CAB becomes responsible for economic regulation of the airlines, safety rule making, and accident investigation
Federal Airport Act1946
  • 1946
  • CAA charged with managing an aid program to facilitate the improvement and construction of airports (predecessor to the Airport Improvement Program)
  • Helps local governments build airport infrastructor
  • Federal Aid to Airports Program (FAAP) offers 50/50 cost share grants to fund airport improvements for airports essential to the U.S. as part of the National Airport Plan (predecessor to the National Plan of Integrated Airport Systems (NPIAS)
Federal Aviation Act 1958
  • 1958
  • Introduction of jet aircraft and a series of midair collisions spurred the passage of this act
  • CAB becomes an independent office (outside of DOC)
  • Safety rule making transferred from CAB to newly named Federal Aviation Agency (FAA) (formerly CAA)
  • FAA organized into nine regional offices
​Department of Transportation Act 1966
  • 1966
  • DOT created
  • Federal Aviation Agency becomes Federal Aviation Administration and gradually assumes responsibility for aviation security
  • FAR Parts 107 Airport Security, 108 Air Carrier Security, and 36 aircraft engine noise subsequently created
  • Air Safety Board becomes National Transportation Safety Board (NTSB) and is an independent agency