Understanding the airport financing 'new normal' is essential for engineers, architects, planners, environmental and security specialists alike, not to mention those who specialize in airport financing. During this webinar, transportation expert Bob Poole will bring to light what needs to be understood TODAY regarding new and expanding sources of funding, the possibility of airport deregulation, new airport privatization possibilities as well as the regulatory and legislative challenges that exist.  Find out what airport financing could be like without AIP grants.

During this webinar, participants will become more familiar with the following topics:

  • Introduction: how the US airport finance and management model differs from what prevails in other countries
  • Commercialized Model, Europe and Australia/New Zealand
  • Overview of Global Privatization Models, Trends
  • Recent US Trends
  • FAA Airport Privatization Pilot Program
  • Airport Deregulation?
  • New/Expanded Sources of Funding
  • New Airport Privatization Possibilities

Who Should Attend:

Engineers, architects, planners, environmental and security specialists, airport professionals, as well as those who specialize in airport financing are the intended audience.
Seminar Information
Date Presented:
December 14, 2011 12:30 PM Eastern
1 hour
Registration Fee:
Registration for this event is closed
Financing U.S. Airports in the Future
Robert W. Poole, Jr.
Director of Transportation Policy
Reason Foundation
Robert Poole is director of transportation policy and Searle Freedom Trust Transportation Fellow at Reason Foundation. Poole, an MIT-trained engineer, has advised the previous four presidential administrations on transportation and policy issues.

Poole is a member of the Government Accountability Office's National Aviation Studies Advisory Panel and he has testified before the House and Senate's aviation subcommittees on numerous occasions. Following the terrorist attacks of Sept. 11, 2001, Poole advised the White House Domestic Policy Council and several members of Congress on ways to improve the nation's airport security.

He has also advised the Federal Aviation Administration, Office of the Secretary of Transportation, White House Office of Policy Development, National Performance Review, National Economic Council, and the National Civil Aviation Review Commission on aviation issues. Poole is also a member of the Air Traffic Control Association.
Poole was among the first to propose the commercialization of the U.S. air traffic control system, and his work in this field has helped shape proposals for a U.S. air traffic control corporation. A version of his corporation concept was implemented in Canada in 1996 and was more recently endorsed by several former FAA administrators and other former senior FAA officials.

Poole's studies helped launch a national debate on airport privatization in the United States in the 1990s. He advised both the FAA and local officials during the 1989-90 controversy over the proposed privatization of Albany (NY) Airport. His policy research on this issue helped inspire Congress' 1996 enactment of the Airport Privatization Pilot Program and the privatization of Indianapolis' airport management under Mayor Steve Goldsmith. He also co-authored the initial feasibility study that laid the basis for privatization of Jamaica’s Montego Bay airport.

General Background
Robert Poole co-founded the Reason Foundation with Manny Klausner and Tibor Machan in 1978, and served as its president and CEO from then until the end of 2000. He was a member of the Bush-Cheney transition team on transportation issues in 2000. Over the years, he has advised the Reagan, George H.W. Bush, Clinton, and George W. Bush administrations on privatization and transportation policy.

Poole is credited as the first person to use the term "privatization" to refer to the contracting-out of public services and is the author of the first-ever book on privatization, Cutting Back City Hall, published by Universe Books in 1980. He is also editor of the books Instead of Regulation: Alternatives to Federal Regulatory Agencies (Lexington Books, 1981), Defending a Free Society (Lexington Books, 1984), and Unnatural Monopolies (Lexington Books, 1985). He also co-edited the book Free Minds & Free Markets: 25 Years of Reason (Pacific Research Institute, 1993).

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