Investment in Airport Infrastructure. Introduction         Airports face particular problems in the timing and financing of investment. Management must be aware of these problems and develop a style and structure that organises the airport business in ways that support investment decisions. Investment Policies         Airports are a unique business with unique problems. The facilities must be adequate for safe and efficient operations. These facilities include runways, terminals, parking and access. They are expensive and "lumpy" projects that …showed first 75 words of 956 total…

…showed last 75 words of 956 total…and Technology, University of Western Sydney, Macarthur. Prices Surveillance Authority (1993). Inquiry into the Aeronautical and Non-Aeronautical charges of the Federal Airports Corporation. CL3. Report No. 48. Prices Surveillance Authority: Melbourne. Prices Surveillance Authority, op.cit., Chapter 12. Walters, A. A. (1978). Airports-An Economic Survey. Journal of Transport Economics and Policy 12(2), pp. 125-160. Watson, G. (1994). International Comparisons in the Economics or Airport Management. 3rd UWS-Commerce/Management/Marketing Seminar. Faculty of Business and Technology, University of Western Sydney, Macarthur:Sydney.