Planning for Offsite Airport Terminals (2010) / Chapter Skim
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Pages 39-49
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From page 39... ...
This section presents guidelines for developing the pro forma and information on the revenues and costs generated by an offsite terminal and transportation link. Guidelines in Developing the Pro Forma The pro forma is the vehicle for developing financial projections for the project and can be used as a tool to test scenarios during project planning such as different fare levels, parking rates, and costs and revenues associated with different amenities.
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From page 40... ...
If airport employees will be charged a lower fare than air passengers to use the service, calculate the breakeven passenger fare based on projected air passenger ridership and bus operating expenses less employee fare revenue. When establishing an amount for bus capital and operating costs, the project sponsor should make a decision about what percentage of the terminal capital and operating costs will be allocated to the bus operation and what percentage will be allocated to the parking operation.
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From page 41... ...
The project sponsor should compare the breakeven parking rate for the third or fourth year of the project with long-term parking rates on- and off-airport as a point of departure for ratemaking. During the third or fourth year of a successful offsite terminal, ridership on the airport Costs and Benefits 41 Mode/ Party Size 1 2 3 4 Offsite terminal bus dropped off at terminal Bus fare x party size Bus fare x party size Offsite terminal bus, long-term parking at offsite terminal ((bus fare x party size)
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From page 42... ...
. 42 Planning for Offsite Airport Terminals Assumptions: Distance = 21 miles Per mile automobile operating cost = $.52 Airport daily parking rate = $12 Party size = 1 Length of stay = 3 days User Cost, One-Way Automobile Trip Mode True Cost Out-of-Pocket Cost Drop-off $21.84 $0.00 Long-term park $28.92 $18.00 A pick-up or drop-off trip by private automobile requires a two-way vehicle trip for a one-way air trip.
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From page 43... ...
Cost Categories It is important for the project sponsor to estimate all the costs associated with planning, developing, and operating the offsite terminal and transportation link. Cost categories include capital and operating costs plus overhead.
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From page 44... ...
for sample passenger trips to an airport. The best source of information for estimating vehicle trip savings for all passengers using the offsite terminal is an O/D air passenger survey, if available, that collects information on mode choice to the airport, travel party size, and resident status for a typical travel period.
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From page 45... ...
Net vehicle trips saved air passenger vehic le trips saved employee vehicle trips save d trips made by airport transportation li nk Air passenger vehicle trips saved average VTPP p rojected (or actual) air passengers using transportation link Costs and Benefits 45 Mode (Examples of Single-Party Vehicles)
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From page 46... ...
If a significant number of the offsite terminal customers use HOV modes to transfer to the airport transportation link, data for estimating the savings in VMT between the origin or destination point and the offsite terminal can be gathered as part of a user Net savings in VMT net vehicle trips saved distance between offsite terminal and airport 46 Planning for Offsite Airport Terminals Mode A: Share of O/D Passengers B: Number of O/D Passengers1 = A x (average daily O/D passengers) C: Oneway vehicle trip D: Empty Trip2 E: Average Party Size F: Total Vehicle Trips = B/E x (C+D)
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From page 47... ...
The purpose of the calculator is to help the sponsor of the offsite terminal and transportation link determine the net environmental benefits resulting from the reduction in low-occupancy vehicle trips by offsite terminal customers. The appendix begins with a primer identifying and describing the impacts of various pollutants, which is followed by a user guide for the transit air benefits calculator.
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From page 48... ...
Assuming that the airport access mode distribution of air passengers using the offsite terminal would have been approximately the same as the access mode share distribution of the overall air passenger population if the offsite terminal did not exist, one methodology for estimating revenue loss is the following: 1. Apply mode shares from the air passenger survey as in Table 12 to projected or actual passengers using the airport transportation link.
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From page 49... ...
If the majority of air passengers using the terminal are projected to be residents, use the mode share and average vehicle occupancies for residents to estimate revenue loss. If the split of residents and non-residents is projected to be closer to the split for the overall airport O/D population, use the mode share for the overall airport population.
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