Nobody downloaded yet

Two Approaches to Airport Financial Management - Term Paper Example

Comments (0) Cite this document
Summary
This term paper “Two Approaches to Airport Financial Management“ concerns the operational activities and financial management practices in the airport industry. The author itemizes various types of revenue sources available at the airports as well as variant kinds of expenses underwent by them…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.4% of users find it useful
Two Approaches to Airport Financial Management
Read TextPreview

Extract of sample "Two Approaches to Airport Financial Management"

Download file to see previous pages Airports are a type of facility which is offered to the passengers to get connected from ground to air transportation. Aircraft like helicopters and airplanes land and take off in airports. Storage facilities for aircraft are also available at airports. Buildings like terminal buildings and hangars and runways for landing and takeoff of aircraft are all present in the airports. Airports can be divided into different divisions based on the various types of operational activities performed by each of the divisions. Some of those divisions are a) Airport development and planning division, b) Airport operations division, and c) Airport financial division. Some of the primary objectives of each of these airport divisions are to ensure the safety of the passengers, increase its operational efficiency, and performing the cargo and aircraft operations effectively. Airport financial management is one of the important aspects of managing the operating expenses and revenue balances of airports. The revenues that are generated from operating the airports are generally utilized in the process of covering up its operating expenses. This study entails about the financial management practices followed by the airports. All the different types of sources of revenues for the airports along with the different kinds of expenses incurred by them have also been identified in this study.
Airlines-airport relationship is critical to the success of any kind of airport business. It is so because the airports need the revenues generated through different types of payments made to them by the airlines and the airlines, in turn, need to depend on the airports to utilize the facilities available to them at the airports which are required by them. Legal agreements generally specify the methods through which responsibilities and risks related to running an airport are shared and thus creating a relationship between the airlines and airport operators. These types of contracts are generally termed as "airport use agreements". ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Two Approaches to Airport Financial Management Term Paper”, n.d.)
Two Approaches to Airport Financial Management Term Paper. Retrieved from https://studentshare.org/business/1780908-airport-operations-and-financial-management
(Two Approaches to Airport Financial Management Term Paper)
Two Approaches to Airport Financial Management Term Paper. https://studentshare.org/business/1780908-airport-operations-and-financial-management.
“Two Approaches to Airport Financial Management Term Paper”, n.d. https://studentshare.org/business/1780908-airport-operations-and-financial-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Two Approaches to Airport Financial Management

Planning and Implementing Financial Management Approaches

...?Assessment A Planning and Implementing Financial Management Approaches Task Organization: Vital Essence (proxy , a small-medium enterprise (SME) The business organization upon which the discussion will focus is referred to here as Vital Essence; its actual name is being withheld upon the owner’s request, as well as the actual figures. It is a small business operation which deals in the retail of natural health products, herbal medications, and aromatic salves and oils. The business has its own line of herbal supplements, but majority of its sales – about 80 per cent – is generated from the sale of products supplied by other small businesses. The company is a family business, and has...
10 Pages(2500 words)Essay

Two Approaches to Parenting

...Two Approaches to Parenting Parenting is the process during which parents support their children physically, emotionally, financially and socially, right from infancy to adulthood (Golombok). It is one of the biggest challenges, especially when parents make efforts to be the best parents intending to bring the best out of their children. Parents use many approaches while parenting. Some make the children bold and confident; while, some tend to make their personalities weaker. This paper intends to discuss two approaches to parenting: argumentative and authoritarian parenting. Although there are many similarities between the...
2 Pages(500 words)Essay

Two Approaches to Relieving Poverty

...Introduction Poverty can be defined as a condition in which a person lack basic human needs such as food, clothing and shelter because of inability to afford these basic needs. Poverty falls in two major groups, absolute poverty and relative poverty. In absolute poverty a person cannot afford even the basic needs and the relative poverty is the one in which a person have low income or fewer resources as compared to others within a society. The main cause of poverty is inflation on goods which the people consume. Many people in the word are so poor that they cannot afford even a single meal a day. Grameen Bank and poverty Alleviation There are many kinds of solutions for alleviating poverty. The important thing is...
2 Pages(500 words)Essay

Two approaches to globalization

...1. Introduction There are two approaches to globalization. One is to buy local brands and gain market share while the second is to market existing assets such as technology, brands and experience in new foreign markets. The rationale behind this is that extending a successful product at home into the global arena can considerably increase the profitably of the firm.1 But is going global the only best way forward for firms to grow and survive There are many success stories of companies growing and profiting from the globalization of their products. The success of Starbucks and The Body Shop serves as good examples of how companies can profit in making global brands. 3. The Case for Starbucks and The Body...
2 Pages(500 words)Essay

Airport Operations Management

..., or organizations which conduct their activities within the airport. Most of these companies are able to pay all charges for using the airport including landing, rent and security. Although these charges are negotiable between the companies and the airports' authority, it is usually competitive and attractable to the customers. The financial position of the airport is encouraging and it has been attributed to previous authority members who were committed to serving the citizens and all the stakeholders. The public trust towards the management of the airport is high. Security Just like most of the...
11 Pages(2750 words)Case Study

Two Approaches to Relieving Poverty

...Two Approaches to Relieving Poverty The study is based on ways to alleviate poverty. The main objective is to be able to analyze the processes, mechanisms, and effects of the proposals that are presented. Based on the fifth chapter of the book, a presentation of the onset of one of the most successful project that combined both banking techniques with the perspectives of improving the conditions of the poor, the beginning of the Grameen Project had been put into focus. The said project had been initiated in 1977 by Muhammed Yunus and became successful in the present period that it had earned him a Nobel Prize in 2006. The main objectives of the Grameen Project if to provide loans to the poorest...
3 Pages(750 words)Essay

COMPARISON OF TWO PSYCHOTHERAPEUTIC APPROACHES

...Running head: TWO THERAPEUTIC APPROACHES Two Therapeutic Approaches with Two Case Studies of The use of casestudies is important to a students ability to understand how to diagnose patients. Many students find that case studies are an excellent way to learn how to use psychological theories appropriately. In this research two case studies will be used to demonstrate how two different therapeutic approaches can be used to assist individuals through therapy. Two Therapeutic Approaches with Two Case Studies INTRODUCTION The therapeutic process is an...
15 Pages(3750 words)Essay

Two approaches to parenting

...Two Approaches to Parenting Parenting styles are psychological constructs that represent standard strategies used byparents in child rearing, and may be based on factors such as education, culture and personality. Two of the most common styles that this essay will compare and contrast are authoritative and authoritarian parenting. Although both styles are based on parents expecting children to strictly follow established rules, they also differ greatly and may or may not achieve similar results (Bernstein 42). They are both demanding, but authoritative parenting is responsive and propagative. On the other hand, authoritarian parenting is unresponsive and totalitarian in nature. This...
1 Pages(250 words)Essay

Airport

...on the importance of development as a measure of stability and growth (Federal Aviation Administration, 2009). The development of any small airport lies greatly on how it aligns its operations. This is with due respect to the overall management of finances through efficient public relations. The relations result in the trickling in of clients who have become regular’s as a result of the reliable service. It is clear that there is need to carefully foresee current and future problems in all airports. This is one sure way of ensuring that the operations run as smoothly as they are expected. The reality of how finances are applied in the airport is also defined as a...
1 Pages(250 words)Article

Project Management (Heathrow Airport)

...Project Management (Heathrow Airport) Affiliation This project requires a mobile communication technology. Refurbishing Heathrow Airport Terminal 1 needs efficient information and data flow between all the agencies, such as staff, contractors, technicians, project manager and engineers. According to Abdel-Wahab and El-Masry (2010), in a renovation project, the information/data framework plays a significant role in the attainment of the set goals. This project encounters some challenges, such as lack of proper communication among the staff members and agencies. Also, it is facing numerous technological, structural, environmental challenges which hamper the delivery process. All these challenges can be addressed swiftly and urgently... ...
1 Pages(250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Two Approaches to Airport Financial Management for FREE!

Contact Us