AN AIRPORT ASSESSMENT APPROACH IN THE CONCEPTUAL DESING STAGE

Abstract

For the assessment of airports or airport technologies an integrated approach will be introduced in terms of a life-cycle cost-benefit analysis. It provides the capability to identify and interpret the economic advantages and disadvantages of technical, operational, economic or social changes to a pre-designed reference system. The System stability can be investigated by a stress test, which Shows the sensitivity of the performance of the Overall Airport system by parameter variations. The net present value (NPV) is applied as key performance indicator in the economic evaluation, calculated by balancing the costs, revenues and cash flows. Especially in the dynamic capital budgeting the NPV gives a good interpretation of the economic impact of time-varying income and expenditure, which are driven mainly by operational, technical or economic variables. Among others, the developed application, named as CBAirport, supports airport decision maker, optimizer, developer or manufacturer of Airport systems to bring their output to its highest efficiency.