Centerlines - June 2008 - (Page 35)

ON MANAGEMENT Plan for Tampa’s “scalable” North Terminal project, scheduled to open in October 2015. ability to pay for it and keeping our rate structure competitive with whatever it is we’re bringing on line.” The group is also responsible for the preparation of strategic business plans, the ﬁrst of which was implemented in 2001, Wheat explained. The plan not only looks at the airport’s whole capital program from the standpoint of how the airport grows, but also includes how it will be maintained as well as all of the IT infrastructure that is required, which, he said, “ is sometimes overlooked when people are putting together plans.” The business plan ties into Tampa’s rates and charges model and all of the policies that have been adopted by the Board, which governs the airport, “as it pertains to maintaining a competitive environment for our air carrier rates and charges, and ensuring that air carriers’ revenue never makes up more than 30 percent of our overall operation.” Probably the largest challenge that all airports face, Wheat added, is expanding and delivering a large capital program without huge economic impacts to the air carriers’ rates and charges. Oakland International Airport recently completed a $300 million Terminal 2 improvement program, adding a seven-gate concourse and baggage claim area. Tampa’s business plan is a 20-year-old document and is updated based on two things, said Wheat: if the master plan is updated or if economic conditions change signiﬁ cantly (either positively or negatively). Wheat offered, Tampa has a terminal project scheduled to open in October 2015, if passenger projections hold true. Instead of going ahead with the entire $900 million project at once, it has been broken up into phases that will make it more scalable if passenger projections change. “So we’ll get the ﬁrst phase done and then we’ll simply wait until we feel we’re really close to hitting that [passenger number] target. That’s how we ensure the project is brought in as close to when it is needed as possible.” www.aci-na.org | CENTERLINES When to Go Operational? Bringing on new capacity precisely when it is needed is always a challenge. At Tampa, one of the approaches the airport takes is breaking complex projects into components or phases. For example, 35 http://www.aci-na.org

Table of Contents Feed for the Digital Edition of Centerlines - June 2008

Centerlines - June 2008 Contents President’s Message Canadian Airports Associates’ Corner Guest Column On the Hill and On the Stump Policy Center Cover Story: Hotter Than Last July? Revenue Arena: Building Non-Aeronautical Revenue Environment: Wind Turbines at Boston Logan Passenger Focus: Des Moines Deals with the Iowa Caucuses Safety and Security: Inline Explosives Detection Systems Air Service Recruitment: Holding on to What You’ve Got On Management: Managing Capital Programs Now Underway Grand Opening Conference Previews and Reviews New Members Index of Advertisers/Advertiser.com Box Scores

Centerlines - June 2008

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