Airport Management Test 2 questions
with complete solutions
What are the five categories of airports in the United States? - correct answer
✔✔Commercial Airport
General Aviation
Cargo
Military
Private
What are the types of government entities that own and operate airports? -
correct answer ✔✔FAA
TSA
CBP
ICE
FBS
USDA
Understand the differences between different types of government entities that
own and operate airports in the U.S. - correct answer ✔✔
What are the characteristics of a General Obligation Bond? - correct answer
✔✔Backed by the state, municipality, or other government entity
Require voter approval
Typically issued at a lower interest rate
, What are the characteristics of a Revenue Bond? - correct answer ✔✔Backed by
the issuing agency (airport)
Do not require voter approval
Issued for a longer period of time
What is a Customer Facility Charge (CFC)? - correct answer ✔✔Charge added on
to your rental car
Money airports put towards landside projects because they are not AIP eligible
projects
Access roads
Building parking decks
What is a Passenger Facility Charge (PFC) and how much is it? - correct answer
✔✔Passenger facility charges
Levied on the ticket
Airlines collect this money then forward to the airport
Maximum amount per segment is $4.50 with roundtrip cap at $18
Revenues can be used:
Enhance safety, security, capacity
Reduce noise
Enhance competition among carriers
Continued:
The reduction of AIP funding is 50% if the airport collects $3.00
The reduction of AIP funding is 75% if the airport collects $4.50
with complete solutions
What are the five categories of airports in the United States? - correct answer
✔✔Commercial Airport
General Aviation
Cargo
Military
Private
What are the types of government entities that own and operate airports? -
correct answer ✔✔FAA
TSA
CBP
ICE
FBS
USDA
Understand the differences between different types of government entities that
own and operate airports in the U.S. - correct answer ✔✔
What are the characteristics of a General Obligation Bond? - correct answer
✔✔Backed by the state, municipality, or other government entity
Require voter approval
Typically issued at a lower interest rate
, What are the characteristics of a Revenue Bond? - correct answer ✔✔Backed by
the issuing agency (airport)
Do not require voter approval
Issued for a longer period of time
What is a Customer Facility Charge (CFC)? - correct answer ✔✔Charge added on
to your rental car
Money airports put towards landside projects because they are not AIP eligible
projects
Access roads
Building parking decks
What is a Passenger Facility Charge (PFC) and how much is it? - correct answer
✔✔Passenger facility charges
Levied on the ticket
Airlines collect this money then forward to the airport
Maximum amount per segment is $4.50 with roundtrip cap at $18
Revenues can be used:
Enhance safety, security, capacity
Reduce noise
Enhance competition among carriers
Continued:
The reduction of AIP funding is 50% if the airport collects $3.00
The reduction of AIP funding is 75% if the airport collects $4.50
