Answers6
Consolidated operations and delay analysis system (CODAS) [2] - ANSWERS -Takes into account
weather, etc.
Considers gate to gate operations
Delay analysis used for customer service report - ANSWERS -Airline service quality performance
(ASQP)
Delay analysis used by DOT - ANSWERS -Airline service quality performance (ASQP)
Negative side of Airline service quality performance (ASQP) - ANSWERS -Airlines build in
allowances
Airports that uses the 'slot' system [3] - ANSWERS -JFK, LaGuardia, O'hare
How do slots work? - ANSWERS -DOT give you a piece of time to land the plane during that
period, but you'll have to manage your own gate usage
Operating expenses - ANSWERS -The cost you'll be paying only if the airport is opearting
Non-opearting expenses - ANSWERS -The cost you'll have to pay even if the airport is not
running
Examples of non-operating expenses - ANSWERS -Interest on debts
, Contributions to organizations (AAAE)
Do airports get a lot of money from aircraft parking? - ANSWERS -No
Types of budgeting [4] - ANSWERS -Lump sum
Appropriation by activity
Line item budget
Zero-budget
Lump sum budgeting - ANSWERS -A lump comes in and you allocate it to different sectors
Mostly used by small GA airports
Appropriation by activity budgeting - ANSWERS -Distributes funding for each sector
Looks like a funding tree
Line item budgeting - ANSWERS -Most detailed plan used at major airports. It comes up with
numbers and how much increase/decrease it will have in the short future.
Zero-based budgeting - ANSWERS -Managers for each sector prepares the costs and a review
board sorts them in order of importance and allocate the budget
The idea behind a zero-baed budgeting - ANSWERS -Mangers are forced to look at a program in
its entirety
Budgeting system used at most commercial airports - ANSWERS -Line item budgeting
Two types of financial management at commercial airports - ANSWERS -Residual cost approach