1 00:00:00,330 --> 00:00:02,830 (upbeat tune) 2 00:00:08,511 --> 00:00:10,920 (plane engine roaring) 3 00:00:10,920 --> 00:00:12,430 - [Narrator] General aviation airports 4 00:00:12,430 --> 00:00:15,040 certainly help their communities economies, 5 00:00:15,040 --> 00:00:17,900 but many of those airports don't have the tools they need 6 00:00:17,900 --> 00:00:20,810 to help them operate at optimal levels. 7 00:00:20,810 --> 00:00:21,860 That's why researchers 8 00:00:21,860 --> 00:00:24,580 with the Texas A&M Transportation Institute, 9 00:00:24,580 --> 00:00:27,202 developed an online tool that could increase revenues 10 00:00:27,202 --> 00:00:30,950 and economic development opportunities. 11 00:00:30,950 --> 00:00:32,720 - With this project what we tried to do 12 00:00:32,720 --> 00:00:36,820 was develop a web-based intermodal connectivity 13 00:00:36,820 --> 00:00:39,670 and self-sufficiency model for airports in Texas. 14 00:00:39,670 --> 00:00:41,220 And so it sounds like a lot, 15 00:00:41,220 --> 00:00:42,900 but it really comes down to a couple of things. 16 00:00:42,900 --> 00:00:46,630 We wanted to make available to airport stakeholders, 17 00:00:46,630 --> 00:00:48,980 those airports that have good airport connectivity. 18 00:00:48,980 --> 00:00:52,182 And by that we mean good roadway access, 19 00:00:52,182 --> 00:00:56,200 rail access if they have it and develop a (indistinct) 20 00:00:56,200 --> 00:00:58,380 The second part self-sufficiency, 21 00:00:58,380 --> 00:01:02,500 refers to airports having a better understanding 22 00:01:02,500 --> 00:01:05,490 of what kinds of rates and charges they should have. 23 00:01:05,490 --> 00:01:07,230 - Having a collection of information 24 00:01:07,230 --> 00:01:10,240 related to rates and charges that an airport can use 25 00:01:10,240 --> 00:01:12,190 to make sure they're doing everything they can 26 00:01:12,190 --> 00:01:15,800 to be financially self-sufficient is extremely important. 27 00:01:15,800 --> 00:01:18,260 And a project like this is gonna put a lot of tools 28 00:01:18,260 --> 00:01:20,570 and resources in airports' hands 29 00:01:20,570 --> 00:01:24,290 by allowing them to know not just what fair market value is, 30 00:01:24,290 --> 00:01:25,800 appraised value is, 31 00:01:25,800 --> 00:01:28,101 but really what is being charged 32 00:01:28,101 --> 00:01:31,350 and being paid at other airports throughout the state, 33 00:01:31,350 --> 00:01:33,860 for services and facilities that they have. 34 00:01:33,860 --> 00:01:37,960 So that way they can ensure the long-term economic viability 35 00:01:37,960 --> 00:01:39,700 of their individual airport. 36 00:01:39,700 --> 00:01:41,410 - We started with a survey 37 00:01:41,410 --> 00:01:43,290 and we sent out a survey to all the airports 38 00:01:43,290 --> 00:01:45,760 in the Texas airport system and we asked them, 39 00:01:45,760 --> 00:01:47,220 what size hangers do you have? 40 00:01:47,220 --> 00:01:48,630 What do you charge for them? 41 00:01:48,630 --> 00:01:51,060 How do you charge for fuel? 42 00:01:51,060 --> 00:01:53,560 We asked them about their intermodal connectivity. 43 00:01:53,560 --> 00:01:56,282 How far are you away from, a state highway 44 00:01:56,282 --> 00:01:57,760 from an interstate? 45 00:01:57,760 --> 00:02:00,940 - A lot of our airports are smaller with fewer resources 46 00:02:00,940 --> 00:02:04,000 and what this tool really gives them, 47 00:02:04,000 --> 00:02:07,050 is the ability to be more resourceful 48 00:02:07,050 --> 00:02:09,560 with the limited resources that they do have 49 00:02:09,560 --> 00:02:11,240 and to be able to have that knowledge 50 00:02:11,240 --> 00:02:12,350 and that information 51 00:02:12,350 --> 00:02:15,410 and that confidence when they are setting rates and charges. 52 00:02:15,410 --> 00:02:19,330 - Having rates and charges that are market rates 53 00:02:19,330 --> 00:02:22,340 and having opportunities for developers 54 00:02:22,340 --> 00:02:25,324 to see what kind of facilities exist, 55 00:02:25,324 --> 00:02:27,500 what kind of opportunities exist. 56 00:02:27,500 --> 00:02:29,830 All of that collectively puts the airport 57 00:02:29,830 --> 00:02:31,940 on a path towards self-sufficiency. 58 00:02:31,940 --> 00:02:34,380 - That instant access to this information 59 00:02:34,380 --> 00:02:37,270 into these tools is really going to help airports, 60 00:02:37,270 --> 00:02:40,794 which operate in a very dynamic rapid environment 61 00:02:40,794 --> 00:02:43,138 to be able to make quick decisions 62 00:02:43,138 --> 00:02:46,550 and to update their rates and charges 63 00:02:46,550 --> 00:02:50,130 and their policies on a pretty consistent basis. 64 00:02:50,130 --> 00:02:51,230 - [Narrator]] For more information, 65 00:02:51,230 --> 00:02:53,780 and to find the publications for this project, 66 00:02:53,780 --> 00:02:56,670 please visit the textile research library 67 00:02:56,670 --> 00:02:58,193 at the link shown below.