28th Congress of the International Council of the Aeronautical Sciences, 23 - 28 September 2012, Brisbane, Australia
EVALUATING FLEXIBILITY IN AIRPORT CAPACITY-ENHANCING TECHNOLOGY INVESTMENTS
O. J. Pinon, E. Garcia, D. N. Mavris
Georgia Inst. Of Technology, USA
Keywords: strategic value of airport technology investments, air transportation, real options analysis
This paper presents the implementation of an options-based approach to ensure the sustainability of airport capacity-enhancing technology investments. It is expected that this approach will help identify technology portfolios that have higher strategic values and that eventually lead to better results in terms of airport performance and viability.
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