Podcast
Questions and Answers
What type of lease requires a periodic valuation of the property to set new rates?
What type of lease requires a periodic valuation of the property to set new rates?
- Straight lease
- Graduated lease
- Revaluation lease (correct)
- Percentage lease
In which approach to leasing space does the airport operator take the most risk?
In which approach to leasing space does the airport operator take the most risk?
- When the airport operator directly markets and leases concession space (correct)
- When engaging with a paster lessee, which then markets and leases the space
- When engaging the services of a development company to market and lease space
- When engaging the services of a property management company
Which entity is required to provide a variety of services to the airport in exchange for the right to sell fuel?
Which entity is required to provide a variety of services to the airport in exchange for the right to sell fuel?
- Flight Schools
- Air Carriers
- Charter Operators
- Fixed-Base Operators (correct)
According to the FAA, what is the primary purpose of the Aeronautical Use Agreement?
According to the FAA, what is the primary purpose of the Aeronautical Use Agreement?
Which entity has the responsibility to lease space at the airport and commit to long-term financial support and development of the airport?
Which entity has the responsibility to lease space at the airport and commit to long-term financial support and development of the airport?
What document is used to update the Airport Improvement Program Handbook?
What document is used to update the Airport Improvement Program Handbook?
Which type of Airport Improvement Program money is disbursed based on a formula, determined by your enplanements, operations and cargo?
Which type of Airport Improvement Program money is disbursed based on a formula, determined by your enplanements, operations and cargo?
Which item(s) are typically not eligible for Airport Improvement Program funding?
Which item(s) are typically not eligible for Airport Improvement Program funding?
A Large or Medium Hub airport that collects $4.50 in Passenger Facility Charges, has its Airport Improvement Program passenger Entitlements reduced by ___.
A Large or Medium Hub airport that collects $4.50 in Passenger Facility Charges, has its Airport Improvement Program passenger Entitlements reduced by ___.
What types of bonds require voter approval and are closely associated with being issued by States or Municipalities?
What types of bonds require voter approval and are closely associated with being issued by States or Municipalities?
What are the characteristics of the Industrial Development Bond?
What are the characteristics of the Industrial Development Bond?
What is the minimum number of enplanements and airport must receive to qualify as a PRIMARY commercial service airport?
What is the minimum number of enplanements and airport must receive to qualify as a PRIMARY commercial service airport?
What is the minimum share of total U.S. enplanements your airport must receive to qualify as medium hub?
What is the minimum share of total U.S. enplanements your airport must receive to qualify as medium hub?
What is the minimum share of total U.S. enplanements your airport must receive to qualify as large hub?
What is the minimum share of total U.S. enplanements your airport must receive to qualify as large hub?
What is the minimum share of total U.S. enplanements your airport must receive to qualify as small hub?
What is the minimum share of total U.S. enplanements your airport must receive to qualify as small hub?
Visual Meteorological Conditions (VMC) under Visual Flight Rules (VFR) require the cloud ceiling at what height above ground level?
Visual Meteorological Conditions (VMC) under Visual Flight Rules (VFR) require the cloud ceiling at what height above ground level?
This type of Airport Sponsor structure often owns and operates the airport directly as either a department or division of the city or county.
This type of Airport Sponsor structure often owns and operates the airport directly as either a department or division of the city or county.
This type of Airport Sponsor structure is created through enabling legislation from one or more municipalities, in effect, creating another branch of local government.
This type of Airport Sponsor structure is created through enabling legislation from one or more municipalities, in effect, creating another branch of local government.
What is an advantage of a Municipality Airport Sponsor Structure?
What is an advantage of a Municipality Airport Sponsor Structure?
Which grant assurances tells the FAA if your airport is spending airport revenue only for airport purposes?
Which grant assurances tells the FAA if your airport is spending airport revenue only for airport purposes?
Flashcards are hidden until you start studying
