1: Finance and Administration Part 1 & 2
Study Guide Questions with Solutions
2026-2027 Updated.
Aeronautical vs. Non-Aeronautical Revenue - Answer 1. Aero - revenues related directly &
substantially to the movement of passengers, baggage, mail, and cargo at an airport.
1a. Includes landing fees, land leases, terminal & hangar rents, tie-down rents, fuel tax, and fuel
sales.
2. Non-aeronautical revenue includes concessions sales, parking, rental car ops, catering
facilities, reservations centers, land rent.
AAAE - Answer American Association of Airport Executives - created in Sept 1928, world's
largest professional organization for Airport Executives. Nearly 5,000 individual members,
including 3,000 airport professionals
ACI - Answer Airports Council International (ACI) and Airports Council International-North
America (ACI-NA) - founded in 1991 by airport executives around the world to represent
common interests and to promote cooperation with associates in the air transport industry. 5
world chapters.
What industry groups represent airports? - Answer 1. AAAE and ACI.
2. AAAE is more of an individual membership meant to help the individual airport executive.
3. ACI is an airport membership supporting the airport as a whole.
4. Can use them to get certifications or go to events and learn.
Rate Escalation in Leases - Answer 1. Typically, CPI (Consumer Price Index) is used to guide rate
escalations.
2. Can also be the "lesser of a percentage" meaning xx% or CPI, whichever is lesser
ACI Committees - Answer 1. Air Cargo
2. Air Service Development
3. Business Diversity
4. Business IT
5. Commercial Management
6. Commissioners
7. Environmental Affairs
, 8. Facilitation
9. Finance
10. HR
11. Large Hub
12. Legal Affairs
13. 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.
AAAE Committees - Answer 1. Academic Relations
2. Air Service
3. Corporate
4. DEI
5. Environmental Services
6. Facilities/Technical Services
7. Finance/Admin
8. Foundation
9. General Aviation Airports
10: Industrial Aviation/Military Relations
11. International Facilitation
12. Ops, Safety, Planning, Emergency Management
13. Training
14. Transportation Security Services
15. Young Professionals
ALEAN - Answer Airport Law Enforcement Agencies Network - nonprofit org created to bring
together law enforcement leaders and facilitate communication between airport executives,
intelligence officers, and investigators of airport law enforcement agencies to address mutual
problems common to the field of airport law enforcement and aviation security.