Revenue Diversion
Generally speaking, revenue generated by the airport, must stay with the airport. The basis of the US civil aviation system is founded upon the principle … Read More
Grant Assurance 4 – Good Title
Grant Assurance 4 – Good Title is a requirement that the airport sponsor holds the title to the airport where the federally funded project will … Read More
Grant Assurance 3 – Sponsor Fund Availability
See Grant Assurances for the broad overview of the obligations on airports who receive federal funding. Grant Assurance 3 – Sponsor Fund Availability addresses the … Read More
Grant Assurance 2 – Responsibility and Authority of the Sponsor
As discussed previously, a Grant Assurance is an obligation that an airport agrees to when receiving federal funding. If you have not read the intro … Read More
Grant Assurance 1 – General Federal Requirements
As stated in Grant Assurances, the Airport Sponsor accepts the obligations and conditions of the Federal government in exchange for either property or money (Airport … Read More
Grant Assurances
Grant assurances are a method the Federal Aviation Administration (FAA) regulates and controls locally owned airports to ensure a return on their investment. By accepting … Read More
Who Owns the Airport?
Across the globe, airport management and ownership varies greatly. Even within the United States, the type of ownership varies, with the exception that almost all … Read More
The National Plan of Integrated Airport Systems (NPIAS)
To allow the civil aviation system to continue, the Federal Aviation Administration (FAA) has developed the National Plan of Integrated Airport Systems (NPIAS) which transformed … Read More
Origins of Aviation
The origins of aviation begin with the Wright Brothers who infamously took the first known flight in 1903 at Kitty Hawk, NC. The changes to … Read More
