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AAAE AAE Oral Interview Prep - Section 1: Finance and Administration Part 1 & 2 Most Recent 2026/2027 Questions and Accurate Answers

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This document contains questions and verified answers for AE AAE Oral Interview Prep - Section 1: Finance and Administration Part 1 & 2 . It includes detailed explanations, revision-focused content, and exam preparation material suitable for 2026/2027 students.

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AAAE

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AAAE AAE Oral Interview Prep -
Section 1: Finance and
Administration Part 1 & 2

Three Components of Commercial General Liability regulations? - ANS-1. Hangar Keepers
Liability - protects insured from any harm they may cause to an plane under their
care/manipulate.
2. Premises Liability - insurance for harm to persons or assets
three. Product Liability - coverage on merchandise consisting of gasoline and oil, that
tenants might also sell

4 Components of a DBE Program - ANS-1. Policy and duties declaration in all contracts
2. What is taken into consideration a breach of agreement regulations?
Three. Must be a time restrict on DBE software no more than five years.
Four. Compliance enforcement (airport's duty to put into effect it)

five Types of Airport Sponsorship - ANS-1. Municipality (town or county) - maximum
common (ATL)
2. Airport Authority/Port Authority (SYR, NYNJ Port Authority)
3. State (ANC)
four. Private (Meadow Lake in Co Springs, airport code FLY)
5. Intergovernmental (e.G. DFW)

A4A - ANS-Airlines for America - based 1936, nation's oldest and largest airline change
association that represents the country's leading airways. Played most important function in
all of the great government choices re: aviation along with introduction of the Civil
Aeronautics Board and FAA. Recognized by way of Congress, nation governments, DOT,
FAA, DHS, TSA, press and public for its professional and carried out illustration of the
enterprise.

AAAE - ANS-American Association of Airport Executives - created in Sept 1928, global's
largest professional agency for Airport Executives. Nearly five,000 character individuals,
which includes 3,000 airport experts

AAAE Committees - ANS-1. Academic Relations
2. Air Service
3. Corporate
four. DEI
five. Environmental Services
6. Facilities/Technical Services
7. Finance/Admin

, 8. Foundation
9. General Aviation Airports
10: Industrial Aviation/Military Relations
eleven. International Facilitation
12. Ops, Safety, Planning, Emergency Management
thirteen. Training
14. Transportation Security Services
15. Young Professionals

ACDBE - Airport Concessionaire Disadvantaged Business Enterprise - ANS-1. Primary
airports that accept federal funds are required to have a concessions DBE software,
authorized through FAA regional office.
2. Federally funded, however non-number one airports, non-industrial service airports, GA
airports, reliever airports, or another airports that don't have scheduled business service
aren't required to have an ACDBE program. FAA nonetheless calls for such airports to take
appropriate outreach steps to inspire available ACDBEs to take part as concessionaires
whenever there may be a concession opportunity.

ACI - ANS-Airports Council International (ACI) and Airports Council International-North
America (ACI-NA) - founded in 1991 with the aid of airport executives round the arena to
symbolize commonplace pursuits and to promote cooperation with associates in the air
transport enterprise. 5 world chapters.

ACI Committees - ANS-1. Air Cargo
2. Air Service Development
three. Business Diversity
four. Business IT
5. Commercial Management
6. Commissioners
7. Environmental Affairs
eight. Facilitation
9. Finance
10. HR
eleven. Large Hub
12. Legal Affairs
thirteen. Marketing/Communications/Customer Experience
14. Medium Hub
15. Ops
16. Planning, Safety, Infrastructure, & Development
17. Public Safety/Security
18. Risk Management
19. Small Airports
20. U.S. International Air Service Program
21. Young Professional Committee.

Aeronautical vs. Non-Aeronautical Revenue - ANS-1. Aero - sales related directly &
appreciably to the movement of passengers, luggage, mail, and load at an airport.

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