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Economic appraisal in Norwegian aviation

Author

Listed:
  • BrÃ¥then, Svein
  • Eriksen, Knut S
  • Hjelle, Harald M
  • Killi, Marit

Abstract

The Norwegian Civil Aviation Administration (NCAA) is responsible for investments and operations regarding the Norwegian airport system, and the air traffic management systems. This paper presents methods for economic appraisal in the aviation sector, proposed for use within the NCAA's jurisdiction. Methodological problems will be addressed, such as the handling of project risk and uncertainty, projects with mutual dependency, and projects influencing accident risks. The cost–benefit analysis methodology proposed here may give conflicting recommendations compared with financial analyses. This raises decision-making problems for public agencies like the NCAA.

Suggested Citation

  • BrÃ¥then, Svein & Eriksen, Knut S & Hjelle, Harald M & Killi, Marit, 2000. "Economic appraisal in Norwegian aviation," Journal of Air Transport Management, Elsevier, vol. 6(3), pages 153-166.
    • Handle: RePEc:eee:jaitra:v:6:y:2000:i:3:p:153-166
    DOI: 10.1016/S0969-6997(00)00008-9
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    Cited by:

    1. Svein Bråthen & Karoline L. Hoff, 2020. "Economic Impact Assessment of Regulatory Changes: A Case Study of a Proposed New ICAO Standard for Contaminated Runways," Sustainability, MDPI, vol. 12(15), pages 1-27, July.
    2. Konstantinos Koasidis & Anastasios Karamaneas & Alexandros Nikas & Hera Neofytou & Erlend A. T. Hermansen & Kathleen Vaillancourt & Haris Doukas, 2020. "Many Miles to Paris: A Sectoral Innovation System Analysis of the Transport Sector in Norway and Canada in Light of the Paris Agreement," Sustainability, MDPI, vol. 12(14), pages 1-37, July.

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