januaryfebruary2021 - 39

AIRPORT GURU
To protect an airport's longterm economic health, public
and private investors must
resist the urge to develop
new hangar, terminal and
building space simply because
the property is available.
AEROPLEX/AEROLEASE GROUP

for new commercial development
and redevelopment strategies aimed
at maximizing property return
and long-term f inancial stability,
while improving environmental

sustainability and meeting the needs
of the community.
It is important to consider that,
per the provisions of FAR Part 77,
the FAA may require a civil airport
to establish restrictions on the heights
of buildings, antennas, trees, signs
and other objects near its runways
to protect the safe and efficient use
of navigable airspace. In many cases,
airport sponsors are challenged with
mitigating the negative impacts of Part
77 while preserving vital economic
and community benefits. Airport
sponsors, tenants and stakeholders
must work in collaboration with the
FAA on solutions that balance airport
optimization against coinciding urban
encroachment.
Historically, local governments
own and operate public-use airports,
and receive federal funding for capital

construction and maintenance projects.
However, they are responsible for
finding other sources of revenue in
order to be self-sufficient. Because
government sources of financing have
remained at relatively the same level,
private companies are paying for new
types of improvements and services at
increased levels. These public-private
partnerships create new possibilities for
airports to complete capital projects
that improve facilities, offerings and
amenities.
Within the framework of the
master plan, airport sponsors must
implement creative and strategic
commercial development strategies that
encourage substantial investment, reap
significant return and attract diverse
aeronautical and non-aeronautical land
uses. 

General
aviation
airports face
the challenge
of designing
projects that
maximize
economic
potential,
while
balancing
the needs of
community
stakeholders.
AEROPLEX/AEROLEASE
GROUP

Because
government
sources of
financing
have
remained
at relatively
the same
level, private
companies
are paying
for new
types of
improvements
and services
at increased
levels.
AEROPLEX/AEROLEASE
GROUP

JANUARY/FEBRUARY 2021 \ AVIATIONPROS.COM / 39


http://www.AVIATIONPROS.COM

januaryfebruary2021

Table of Contents for the Digital Edition of januaryfebruary2021

Inside the Fence: Genesis by Necessity
Industry Update
How General Aviation is Helping Support Commercial Aviation and Prop Up Tourism in Specific Markets, Amid COVID-19 Resurgences
Pioneering PCAs in Salt Lake City
FBOs in a Post-Pandemic World
Clearing the Air on HVAC
Totally Boggus: Catch the Plane!
Legal Matters: Is Your Airport Leasehold Taxable?
A Clean and Clear Future
Passenger Experience in the Time of COVID-19
Don't Leave Hygiene Up in the Air
Airport Guru: Airport Development 101: Will an Investment be Profitable?
Product Profile: Stress Test
januaryfebruary2021 - 1
januaryfebruary2021 - 2
januaryfebruary2021 - 3
januaryfebruary2021 - 4
januaryfebruary2021 - Inside the Fence: Genesis by Necessity
januaryfebruary2021 - Industry Update
januaryfebruary2021 - 7
januaryfebruary2021 - 8
januaryfebruary2021 - 9
januaryfebruary2021 - How General Aviation is Helping Support Commercial Aviation and Prop Up Tourism in Specific Markets, Amid COVID-19 Resurgences
januaryfebruary2021 - 11
januaryfebruary2021 - 12
januaryfebruary2021 - 13
januaryfebruary2021 - Pioneering PCAs in Salt Lake City
januaryfebruary2021 - 15
januaryfebruary2021 - 16
januaryfebruary2021 - 17
januaryfebruary2021 - FBOs in a Post-Pandemic World
januaryfebruary2021 - 19
januaryfebruary2021 - Clearing the Air on HVAC
januaryfebruary2021 - 21
januaryfebruary2021 - 22
januaryfebruary2021 - 23
januaryfebruary2021 - 24
januaryfebruary2021 - Totally Boggus: Catch the Plane!
januaryfebruary2021 - Legal Matters: Is Your Airport Leasehold Taxable?
januaryfebruary2021 - 27
januaryfebruary2021 - A Clean and Clear Future
januaryfebruary2021 - 29
januaryfebruary2021 - 30
januaryfebruary2021 - 31
januaryfebruary2021 - 32
januaryfebruary2021 - 33
januaryfebruary2021 - Passenger Experience in the Time of COVID-19
januaryfebruary2021 - 35
januaryfebruary2021 - Don't Leave Hygiene Up in the Air
januaryfebruary2021 - 37
januaryfebruary2021 - Airport Guru: Airport Development 101: Will an Investment be Profitable?
januaryfebruary2021 - 39
januaryfebruary2021 - Product Profile: Stress Test
januaryfebruary2021 - 41
januaryfebruary2021 - 42
januaryfebruary2021 - 43
januaryfebruary2021 - 44
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