Airport Revenue Diversification (2010) / Chapter Skim
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Chapter Eight - Conclusions
Chapter Eight - Conclusions
Pages 46-47
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From page 46... ...
The FAA, through its financial reporting system, requires commercial service airports to report aeronautical and nonaeronautical operating revenue. The accounting categories for operating revenues make it difficult to discern how airports are diversifying beyond airline and passenger-dependent activity; however, it appears that for large and medium hub airports, non-aeronautical operating revenue derived from activities other than terminal concessions, rental cars, and parking represents a small percentage of the total operating revenue.
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From page 47... ...
airports experienced steady growth of aeronautical activity, the issues of revenue diversification did not figure as prominently in development discussions. However, as airlines cut capacity or re-structure, many airports have experienced airline preferences for shorter leases and reduced airline investment in airport facilities.
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