Opportunities and risks of non-aeronautical revenue projects at airports
Posted in: Aviation
As U.S. airports continue to face significant funding challenges to implement capital improvements, many are pursuing non-aeronautical activity on airport property, such as commercial development. The most common way of doing this is to convert land no longer needed for aeronautical purposes to non-aeronautical uses. Seems like a great idea, right? But before you go down this road, beware: the process of converting aeronautical land is complicated and often requires the preparation of a federal land release and supporting environmental analysis.
If you are interested in learning more about the Federal Aviation Administration’s process for releasing land acquired with federal funds for the purposes of attaining non-aeronautical revenue, you’re in luck. On Thursday, June 8th, at 12:00 p.m. CDT, the Airport Consultants Council Institute’s Online Training Program is hosting a webinar that will cover:
- FAA approval requirements
- Federal law on when land releases are needed
- Common risks and pitfalls experienced during the FAA approval process
- Lessons learned during the FAA approval process
This webinar includes a panel of industry experts including Peter Kirsch, Attorney, Kaplan Kirsch & Rockwell LLP; Mead & Hunt’s own Stephanie Ward, AICP, Manager of Aviation Planning-Vice President; and Kevin Klein, AAE, Cherry Capital Airport Director, and will be moderated by yours truly. Each of these panelists have detailed knowledge of FAA approval requirements, federal law on when land releases are needed, and the common risks and pitfalls experienced during the FAA approval process. Don’t miss your opportunity to get the facts straight.
Check out the ACC Institute’s Online Training Program for more information and to register.
ABOUT THE AUTHOR
Bart Gover, CM, is a National Practice Leader for Mead & Hunt’s Aviation Planning team and serves as an airport board member for the Danville-Boyle County Airport. His work with airports of all sizes enables him to understand the perspectives of airports, consultants and the aviation industry’s never-ending need for financial assistance.
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