A Joint Planning, Management and Operations Framework for Airport Infrastructure
Name
esd-wp-2014-04.pdf
Size
531.28 KB
Format
Adobe PDF
Checksum (MD5)
03cb7303a4b2bdfb347e439f373c9783
Author(s)
Jacquillat, Alexandre
Sakhrani, Vivek
Date Issued
March 2014
Publisher
Massachusetts Institute of Technology. Engineering Systems Division
Series/Report no.
ESD Working Papers;ESD-WP-2014-04
Abstract
Many airports around the world are actively considering development or expansion projects. Such projects can spur tremendous benefits but are investment-intensive and span several decades from conception to completion. We formulate the associated dynamic, complex decision-making problems using a broad systems frame. We propose a conceptual framework that links airport infrastructure investments and airport management and operations in a time-expanded, state-contingent problem. To develop this framework we consider the social and policy objectives for well functioning air transportation infrastructure, the decision levers available to stakeholders, the influence of the institutional field and regulatory context on these decisions, and the key performance measures that operationalize system ilities. Our framework integrates literature from investments under uncertainty, airport demand management, and airport operating procedures. Four case examples of airports in Delhi, Charlotte, London and New York illustrate decision-making in the context of our framework. We argue for a more integrated approach to decision-making while evaluating investments in greenfield airports or capacity expansions.
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