Course Outline

BSAB 418 : Airport Administration & Finance

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Last approved: Wed, 20 Jan 2016 14:17:24 GMT

Last edit: Wed, 20 Jan 2016 14:17:23 GMT

BSAB 418-WW
Campus
Worldwide
College of Business (WBUAD)
BSAB
418
Airport Administration & Finance
3
The student will be presented with an opportunity for advanced study of the organizational, political, and financial administration of public and private civil use airports. Areas of emphasis include public relations management, safety and security issues, employee organizational structures, financial and accounting strategies, revenue and expense sources, economic impacts of airport operations, airport performance measurement standards, aircraft rescue and firefighting, emergency management, airport dispatch and communications, and current trends and issues of direct concern to airport administrators.

Students will learn a variety of organizational, financial and contractual management strategies and obligations associated with the administration of commercial service, public use airports in the United States. This course is designed for students who have a basic understanding of airport operations or management through experience or other relevant coursework, and will build upon that knowledge by analyzing opportunities, obligations, and strategies utilized by commercial service airports. Managers must assess the financial performance of a commercial service airport and suggest measures to enhance that performance.

Upon completion of the course, students will be able to do the following:

1. Communicate relevant federal obligations (grant assurances and compliance requirements) required of airport sponsors, as well as policies, regulations and other guidance established by federal, state and local governmental agencies.

2. Discuss contracts, agreements and (minimum) standards that airport may elect to establish with airlines, air cargo operators, concessionaires, ground transportation operators, fixed based operators, and/or other airport users. Review contractural regulations, such as Davis Bacon and Disadvantaged Business Enterprise Program.3. Identify funding mechanisms and financial strategies employed by airport sponsors. Compare and contrast the financial approaches to management (compensatory versus residual cost) and discuss cost accounting, project evaluation, bond valuation, bond swaps and risk management.

4. Explore and communicate emerging airport marketing strategies and terms, and discuss innovative approaches for increasing (particularly non-aeronautical) revenue generation.

5. Examine and suggest measures to enhance the relationship between airport management and the surrounding community.

6. Engage in analysis of airport financial statements using various sources of financial data (such as airport annual reports, FAA CATS Forms 126 and 127, ARN Fact Book, etc.).

7. Identify and discuss the major streams of airport revenue and expenses, budget types, leases, rates and charges, and pricing strategies.

8. Discuss the various elements of an airport’s legal responsibilities to include common law, tort liability, criminal case laws, liens and constitutionality issues.

9. Explain the concept of airport privatization, and other emerging trends at airports, and their potential beneficial or harmful impacts on airports, users and communities.

10. Measure the performance of an airport using performance measurement methodologies.

Located on the Daytona Beach Campus, the Jack R. Hunt Library is the primary library for all students of the Worldwide Campus. The Chief Academic Officer strongly recommends that every faculty member, where appropriate, require all students in his or her classes to access the Hunt Library or a comparable college-level local library for research. The results of this research can be used for class projects such as research papers, group discussion, or individual presentations. Students should feel comfortable with using the resources of the library. 


Web & Chat: http://huntlibrary.erau.edu
Email:  library@erau.edu
Text: (386) 968-8843
Library Phone:  (386) 226-7656 or (800) 678-9428
Hourshttp://huntlibrary.erau.edu/about/hours.html
 

Written assignments must be formatted in accordance with the current edition of the Publication Manual of the American Psychological Association (APA) unless otherwise instructed in individual assignments.

ActivityPercent of Grade
Input Grading Item100

Undergraduate Grade Scale

90 - 100% A
80 - 89% B
70 - 79% C
60 - 69% D
0 - 60% F

Graduate Grade Scale

90 - 100% A
80 - 89% B
70 - 79% C
0 - 69% F
Jennifer J. O’Bryon - 2/17/2015
obryonj@erau.edu
Jennifer J. O’Bryon - 2/17/2015
obryonj@erau.edu
Ronald R. Mau, Ph.D. - 2/17/2015
Ronald.Mau@erau.edu
Dr. Bobby McMasters - 2/17/2015
mcmas245@erau.edu
Key: 248