APM EXAM 2024 WITH 100% CORRECT ANSWERS

Who typically owns airports in the United States? - correct answer City, county, state, government, public entities, or combination (city and county) Who typically owns airports in countries other than the United States? - correct answer Government or privatized What is privatization? - correct answer Typically involves the lease of airport property and/or facilities to a private company to build, operate, and/or manage commercial services offered at an airport What is the difference between a port authority and an airport authority form of airport and ownership operation? - correct answer Port Authority: Legally chartered institutions with status of public corporations that operate a variety of publicly owned facilities, such as harbors, airports, toll roads, and bridges. Port authorities have extensive independence from the state and local jurisdictions. Airport Authority: Single-purpose authorities also have considerable independence from state or local governments, which ofte