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5 pages/β‰ˆ1375 words
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7 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
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MS Word
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Topic:

John F. Kennedy International Airport. Business & Marketing Research Paper

Research Paper Instructions:

Each student will choose a commercial service airport in the U.S. or its territories on which to conduct research and prepare a report and present their findings to the class. Student papers must include at a minimum the following information:

the history of the airfield;
its ownership type;
the management structure;
its current operating and capital budgets;
its debt structure;
its significant current and future development projects;
its current problems or challenge areas (i.e., environmental issues, monetary issues, air service issues, etc);
the level of commercial passenger service by carrier, destination and market share;
the level of cargo service by carrier and poundage/tonnage carried;
the general aviation activities on the field;
its current aircraft operations by category;
its based aircraft count, including the aircraft mix and ten year forecasts;
its airport land uses.

Use all available sources and note those on the reference page. It may also be necessary to contact the airport to obtain some of this information. Budgets, future plans, organization charts, etc should be included in the report. Each paper must be a minimum of 5 pages of content, typed, double spaced, and include a list a references. The title page, graphs, tables, pictures, and the reference page is not considered content of the paper. The paper must have no greater than 1” margins including top and bottom and be in an Arial 12pt font.
If you are unable to find some of the required information please advise your instructor and I will try to help you find the information. If I am unable to locate the information then I will not deduct any points from your paper. If you elect to not include information because you cannot find the information but fail to communicate this with your instructor and your instructor agrees the information is not available you will be deducted points for the missing information.

 

 

Each student will choose a commercial service airport in the U.S. or its territories on which to conduct research and prepare a report and present their findings to the class.  Student papers must include at a minimum the following information:     the history of the airfield; its ownership type; the management structure; its current operating and capital budgets; its debt structure; its significant current and future development projects; its current problems or challenge areas (i.e., environmental issues, monetary issues, air service issues, etc); the level of commercial passenger service by carrier, destination and market share; the level of cargo service by carrier and poundage/tonnage carried;   the general aviation activities on the field; its current aircraft operations by category; its based aircraft count, including the aircraft mix and ten year forecasts; its airport land uses.    Use all available sources and note those on the reference page.  It may also be necessary to contact the airport to obtain some of this information.   Budgets, future plans, organization charts, etc should be included in the report.  Each paper must be a minimum of 5 pages of content, typed, double spaced, and include a list a references.  The title page, graphs, tables, pictures, and the reference page is not considered content of the paper. The paper must have no greater than 1” margins including top and bottom and be in an Arial 12pt font.  If you are unable to find some of the required information please advise your instructor and I will try to help you find the information.  If I am unable to locate the information then I will not deduct any points from your paper.  If you elect to not include information because you cannot find the information but fail to communicate this with your instructor and your instructor agrees the information is not available you will be deducted points for the missing information.

Research Paper Sample Content Preview:

John F. Kennedy International Airport
Student’s Name
Institutional Affiliation
Lecturer’s Name
Course Name and Number
Assignment Due Date
John F. Kennedy International Airport
History of the Airfield
John F. Kennedy International Airport, Commonly as JFK airport, situated in Queens, New York. The airfield opened in 1948 and was originally known as Idlewild Airport (Backes, 2020). Its construction started in 1943on the grounds of the former Idlewild Beach Golf course (Backes, 2020). The aim of its construction was reduce congestion near LaGuardia Airport. Later, the project was renamed Major General Alexander E. Anderson Airport in 1943 to honour the late Queens Resident who had commanded a federalized National Guard Unit in the Southern US. In 1948, the New York City Council changed the name to New York International Airport, Anderson Field until the death of John F. Kennedy, the 35th president of the United States (Backes, 2020). Following Kennedy’s death in 1963, the airfield was renamed John F. Kennedy International Airport as a tribute to the late president.
Ownership type
JKF international Airport is a publicly owned airfield. It is owned by the New York City and operated jointly by the Port Authority of New York and New Jersey (Rabinowitz, 2018). According to Rabinowitz (2018), the New York City owns the land under JKF International Airport, which leases it to the Ports Authority, an agency operated jointly by New York and New Jersey. Management Structure
Current operating and capital budgets
JFK International Airport has proposed a Multi-billion dollar operating and capital budgets. The proposed 2020 capital budget stands at approximately $ 3.6 billion (Port Authority, 2020). Major items in this budget include $ 2.1 billion aviation spending and $ 1.5 billion for redevelopment of the airfield (Port Authority, 2020). Its current operating budget is approximately 3.4 billion. This shows an increase of about 1.9% compared to last year’s budget (Port Authority, 2020). An additional $62 million of incremental priority spending is included in the operating budget to support programs that attain first-class operations; preserve and generate incomes; and support construction projects (Port Authority, 2020).
Debt structureJK International Airport has a conservative debt structure. In this case, the airfield’s debt is fixed rate maturing before the expiration of the Port’s Authority lease with the New York City. According to BussinessWire (2020), the airport doubled its debt with the insurance series 8 bonds to finance its expansion project. The outstanding aggregate debt is at approximately $1.6 billion based on the single terminal nature of the asset. Despite the current traffic declines, the airfield has maintained a strong and stable financial performance. Additionally, the JFK International Airport has an average Net debt to cash flow available for debt service (CFADS) of 8.49 (BussinessWire, 2020). However, it has a high debt per enplanement of about $329 whereas day’s cash on hand is low at around 100 days because of cash sweeps implanted in the waterfall (BussinessWire, 2020). Significant Current and Future Development Projects
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