General Information

The Covid-19 pandemic has upended the national and global aviation industry. The uncertainty around how and when it will end is causing airport officials to proceed cautiously in order to protect their financial integrity.

The 2020 American Association of Airport Executives (AAAE) and Jacobs (formerly LeighFisher) PFC and Rates & Charges Workshopsto be held virtually for the first time September 9-11, 2020 – will focus on the impact of the pandemic on the U.S. airport industry and the different approaches airports have taken, and continue to take, to mitigate the financial impacts and limit the damage to their organizations. It will also provide a primer for those who are new to the industry or would like a refresher in PFC implementation and airport rates & charges.

CPEs

The American Association of Airport Executives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education (CPE) for Group Live Delivery on the National Registry of CPE Sponsors. Due to COVID-19 and the inability to provide Group Live courses at this time, many states are providing flexibility through December 31, 2020, in the instructional delivery method of CPE programs. To determine whether your state provided guidance regarding flexibility, please view the list of states under “Group Live Providers”. A number of states not on the list do not require pre-approval of courses for CPEs. If your state is not on this list, or if you have specific questions, please reach out to your state board of accountancy directly to confirm eligibility of this course for CPEs.

Topics to be covered include:

  • What are the best approaches for forecasting passenger traffic, airline landed weight, and associated revenue streams?
  • How can CARES grants be strategically applied?
  • What will be the impact of having financially weak airport tenants?
  • How will the capital markets react to new airport debt issuance? Is there still a market for airport bond issues?
  • How can airports adjust their PFC collection expiration dates in light of the collapse in passenger traffic?