01154452

Component

https://doi.org/10.3141/2177-01

http://scholar.google.com...tadt&publication_year=2010

Benefit–cost analysis (BCA) is widely used for airport investment analysis, for both ranking of alternatives and funding decisions. Although the technique is theoretically straightforward, its application can become complicated by a series of factors that are particularly problematic for aviation applications. For one, the requirement for ground access makes air travel intrinsically multimodal. In addition, the speed of air travel attracts classes of users and dependent parties with particular speed sensitivities and delay consequences. When BCA is applied to airport project proposals, it can raise issues of how to handle competing modes and intermodal interactions, and the definition of the real users and beneficiaries of airport improvements. To examine these issues, the authors compared benefit–cost guidance for airports with counterpart guidance for other travel modes and conducted a review of the current state of practice of benefit–cost studies for airport improvements. The findings point to challenges for improving methods of airport BCA.

01324709

10-3789

English

pp 1-7

2010

Transportation Research Record: Journal of the Transportation Research Board

9780309160476

Print

References (19) ; Tables (2)

Airports; Benefit cost analysis; Improvements

Aviation; Economics; I10: Economics and Administration

TRIS, TRB, ATRI

Jan 25 2010 11:56AM

• Aircraft Traffic Analysis for Forecasting
• Automated Measurement of Wait Times at Airport Security: Deployment at Indianapolis International Airport, Indiana
• Estimation of Flight Delay Costs for U.S. Domestic Air Passengers
• Flight Delay Propagation Impact on Strategic Air Traffic Flow Management
• Impact of Airport Noise on Property Values: Case of Suvarnabhumi International Airport, Bangkok, Thailand
• Incorporating Risk of Failure into Maintenance Management of Cracks in Runway Pavements
• Macroscopic Tool for Measuring Delay Performance in National Airspace System
• Mitigation of Aviation Emissions of Carbon Dioxide: Analysis for Europe
• Modeling Framework for Evaluating Sensitivity of Airline Schedules to Airport Congestion Pricing
• Performance of New Materials for Aircraft Arrestor Beds
• Policy Implications of Airline Performance Indicators: Analysis of Major North American Airlines
• Regional Cooperation, Coordination, and Communication Between Airports During Disasters
• Statistical Characteristics of Aircraft Arrival Tracks
• True Multimodalism for Mitigating Airport Congestion: Substitution of Air Passenger Transport by High-Speed Rail
• Validation of Runway Capacity Models