July-August_2021 - 35

REGIONAL AIRPORTS
Figure 2: List of U.S. airlines by
business model; non-exhaustive.
LUFTHANSA CONSULTING
A l l st r e ams of
revenue - aeronautical,
non-aeronautica l
and
non-operating - roughly
contribute to the same
ex t ent to reg ion a l
airports' business. With
tactically selected sourcing
strategies, airports can strengthen
their service portfolio, contribute
to the value chain and thus achieve
greater non-aero related earnings.
The ownership of land and facilities
poses great opportunities in this
regard.
the competition as a leading low-cost
carrier hub. Nonetheless, more regional
airports are located on the periphery
contributing to the air traffic system
and sustaining a specific business focus,
like Chicago Rockford. Dedicated
executive airports with access to the
highway system and the metro area,
round up the co-existence of regional
airports in that specific region.
Niches do not always have to be
in direct conjunction with commercial
air services or general aviation in order
to be promising business opportunities
for
small airports.
Infrastructure
developments to provide for special
maintenance facilities, short and longterm
aircraft parking, construction
of training facilities for rescue and
enforcement units, provision of storage
space for manufacturers,
promotion as film set for the
movie industry or creation
of community service
centers are a few examples
on how airports can ramp
up their businesses.
Getting infrastructure,
resources, revenues
and services right
U.S. airports are known
for excessive infrastructure
that
leads
to high capital
and operat ional cos t s .
Particularly for regional
airports it is important to
control these costs by strictly following
up-to-date master planning and
forecasting, as well as making decisions
on decommissioning unut i l ized
infrast ructure and faci l it ies or
transferring them to alternative usage.
With total operating expenses
of $15.84 per passenger, regional
airports with less than one million
passengers per annum have almost
twice as much expenditures as the
U.S. average airport at $7.94 per
passenger. Similarly, the total cost per
passenger is double the average too,
ranging at $28.55. Smaller airports
need to implement effective levers
to reduce the cost base, while at the
same time generating more revenues.
Take a chance by being
creative, essential and
competitive
For U.S. regional airports it is
essential to apply business solutions
that position them well in the aviation
market to unfold maximal air traffic
potential and strive for a strategic
niche-business to become leaders
in their respective chosen field on
a regional or even national
level. Operations is at the
heart of small airports and
their staff. This handson
mentality can be used
to put customers at
the
forefront and extend services
to new customer groups.
As
this
local and rural air traffic
infrastructure is important to their
communities, new business fields
can be explored and infrastructure
as well as personnel capacities
fully utilized. Through rightsizing,
business modeling and focusing
on cost control, while creatively
sourcing revenues, regional airports
can successfully be part of what is the
world's largest aviation market. 
JULY/AUGUST 2021 \ AVIATIONPROS.COM / 35
http://www.AVIATIONPROS.COM

July-August_2021

Table of Contents for the Digital Edition of July-August_2021

Inside the Fence
Industry Update
FBOs Make a Strong Case for Increasing Charter, Flightschool Business, Other Service Offerings
Legal Matters
New Technology Takes Control of Baggage Systems
Innovating Airport Operations
TAC Air Expands and Improves in Amarillo
PFAS-Contaminated Drinking Water: A Growing Concern for Airports
Airports by the Thousands
Satellites Have the Power to Transform the Aviation Industry
Product Focus
July-August_2021 - 1
July-August_2021 - 2
July-August_2021 - 3
July-August_2021 - 4
July-August_2021 - Inside the Fence
July-August_2021 - Industry Update
July-August_2021 - 7
July-August_2021 - 8
July-August_2021 - 9
July-August_2021 - FBOs Make a Strong Case for Increasing Charter, Flightschool Business, Other Service Offerings
July-August_2021 - 11
July-August_2021 - Legal Matters
July-August_2021 - 13
July-August_2021 - New Technology Takes Control of Baggage Systems
July-August_2021 - 15
July-August_2021 - 16
July-August_2021 - 17
July-August_2021 - 18
July-August_2021 - 19
July-August_2021 - Innovating Airport Operations
July-August_2021 - 21
July-August_2021 - 22
July-August_2021 - 23
July-August_2021 - 24
July-August_2021 - 25
July-August_2021 - TAC Air Expands and Improves in Amarillo
July-August_2021 - 27
July-August_2021 - 28
July-August_2021 - 29
July-August_2021 - PFAS-Contaminated Drinking Water: A Growing Concern for Airports
July-August_2021 - 31
July-August_2021 - 32
July-August_2021 - Airports by the Thousands
July-August_2021 - 34
July-August_2021 - 35
July-August_2021 - Satellites Have the Power to Transform the Aviation Industry
July-August_2021 - 37
July-August_2021 - 38
July-August_2021 - 39
July-August_2021 - Product Focus
July-August_2021 - 41
July-August_2021 - 42
July-August_2021 - 43
July-August_2021 - 44
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