Airport Problem: An Economic Analysis of Scarce Runway Capacity

摘要

The report is about airport efficiency, with an emphasis placed on largerairports. At large airport, when traffic becomes dense, the runway will become congested during periods of the day in that the use of it by one additional aircraft for either a landing or a take-off will result in a delay to other aircraft, and the passengers onboard these aircraft. The runway will as a consequence cease being a perfect public good, and the operations of one airline, or a general aviation aircraft, will start giving rise to external effects on the operations of other airlines and general aviation.