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Airport Operator Options for Delivery of FBO Services (2018)

Chapter: APPENDIX C Glossary

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Page 90
Suggested Citation:"APPENDIX C Glossary." National Academies of Sciences, Engineering, and Medicine. 2018. Airport Operator Options for Delivery of FBO Services. Washington, DC: The National Academies Press. doi: 10.17226/25039.
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Page 90
Page 91
Suggested Citation:"APPENDIX C Glossary." National Academies of Sciences, Engineering, and Medicine. 2018. Airport Operator Options for Delivery of FBO Services. Washington, DC: The National Academies Press. doi: 10.17226/25039.
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Page 91
Page 92
Suggested Citation:"APPENDIX C Glossary." National Academies of Sciences, Engineering, and Medicine. 2018. Airport Operator Options for Delivery of FBO Services. Washington, DC: The National Academies Press. doi: 10.17226/25039.
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Page 92

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90 Term Description Airport Sponsor The entity that is legally responsible for the management and operation of an airport, including the fulfillment of the requirements of laws and regulations related thereto Assignment The transfer of a claim, right, interest, or title to a property, especially personal property. In addi- tion, an assignment refers to the actual document—also called the instrument—used to record and make the transfer legal or the property that is assigned. Avgas An aviation fuel used in spark-ignited internal-combustion engines to propel aircraft. Avgas is distinguished from mogas (motor gasoline), which is everyday gasoline used in motor vehicles and some light aircraft. Common Use The flexible and shared use of airport facilities through shared technology and infrastructure Conveyance The transfer of ownership or interest in real estate or real property from one person or entity to another by a legally acceptable document. Acceptable documents include deeds, mortgages, leases, and statements of conveyance. The latter is different from a deed or lease in that it is a much simpler document, usually only one page. A statement of conveyance can also be used to transfer intangible property—for example, a trademark or license—to someone else. Exclusive Use Property that is available to only a single tenant Preferential Use Preferential or shared-use contractual arrangements represent a shared control between the airport and the tenant(s). The tenant acknowledges that, under specified circumstances, the airport spon- sor can allow the use of the facility by other tenants. APPENDIX C Glossary

Abbreviations and acronyms used without definitions in TRB publications: A4A Airlines for America AAAE American Association of Airport Executives AASHO American Association of State Highway Officials AASHTO American Association of State Highway and Transportation Officials ACI–NA Airports Council International–North America ACRP Airport Cooperative Research Program ADA Americans with Disabilities Act APTA American Public Transportation Association ASCE American Society of Civil Engineers ASME American Society of Mechanical Engineers ASTM American Society for Testing and Materials ATA American Trucking Associations CTAA Community Transportation Association of America CTBSSP Commercial Truck and Bus Safety Synthesis Program DHS Department of Homeland Security DOE Department of Energy EPA Environmental Protection Agency FAA Federal Aviation Administration FAST Fixing America’s Surface Transportation Act (2015) FHWA Federal Highway Administration FMCSA Federal Motor Carrier Safety Administration FRA Federal Railroad Administration FTA Federal Transit Administration HMCRP Hazardous Materials Cooperative Research Program IEEE Institute of Electrical and Electronics Engineers ISTEA Intermodal Surface Transportation Efficiency Act of 1991 ITE Institute of Transportation Engineers MAP-21 Moving Ahead for Progress in the 21st Century Act (2012) NASA National Aeronautics and Space Administration NASAO National Association of State Aviation Officials NCFRP National Cooperative Freight Research Program NCHRP National Cooperative Highway Research Program NHTSA National Highway Traffic Safety Administration NTSB National Transportation Safety Board PHMSA Pipeline and Hazardous Materials Safety Administration RITA Research and Innovative Technology Administration SAE Society of Automotive Engineers SAFETEA-LU Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (2005) TCRP Transit Cooperative Research Program TDC Transit Development Corporation TEA-21 Transportation Equity Act for the 21st Century (1998) TRB Transportation Research Board TSA Transportation Security Administration U.S.DOT United States Department of Transportation

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TRB's Airport Cooperative Research Program (ACRP) Synthesis 86: Airport Operator Options for Delivery of FBO Services explores the local considerations that go into deciding how fixed base operator (FBO) airports provide fueling, flight continuation services, maintenance, and concierge services. This synthesis also explores the tools that airports use to evaluate which options work best for airports. Broadly speaking, an airport sponsor can deliver FBO services with traditional third-party leases or by engaging a contract manager, or the airport can self-operate the FBO. Decisions about which model is appropriate hinge on an evaluation of an airport’s unique local economic conditions, the details about the area’s general aviation market, and the level of interest private FBOs express about operating at a particular airport.

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