Economics and Finance in Airport Planning

by Belford Brown,

Serial Information: Journal of the Aero-Space Transport Division, 1964, Vol. 90, Issue 2, Pg. 197-202

Document Type: Journal Paper


Airports not only serve the communities in which they operate, but they also have a major role in shaping them. The planning function involves economic research as well as technical research. Traffic data, airport movements, and runway utilization are criteria used to determine economic value. Airports should be engineered in an economic atmosphere capable of fully supporting the projects. Industrial development of airport lands could be suitable for financing by private enterprise.

Subject Headings: Economic factors | Airports and airfields | Airport and airfield pavements | Air traffic | Industries | Land use | Financing | Private sector

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