airport capacity and financing threats opportunities solutions 5th hamburg conference financial exposure to traffic declines february 13 15 2002 richard golaszewski gra incorporated 115 west avenue jenkintown pa 19046 usa telephone 215 884 7500 fax 1385 e mail richg inc com 1 overview q background business models sources uses of revenues exogenous factors cycle terrorism short term outlook 2 changes from september 11 before demand delay issues were driving in how infrastructure was be provided qdemand management under serious consideration qmarket based qadministrative qhigh density rule slot controls being phased out the united states qcalls for market allocation europe qmany large projects coming into cost base airline industry expansion 90 s led needs facilities that now must paid after pay underutilized new security requirements qdeferrals qother reductions qnew funds 3
