What type of funding is awarded based on formulas related to enplanements, operations, and cargo?

Study for the AAAE Certified Member Test. Use flashcards and multiple choice questions, complete with hints and explanations. Get ready for your exam success!

Entitlement funding is allocated to airports based on specific formulas that take into account factors such as enplanements (the number of passengers boarding a flight), operations (the total number of takeoffs and landings), and cargo volumes. This type of funding is designed to ensure that airports receive a consistent and predictable stream of financial support that reflects their activity levels. The formulas are established by regulatory frameworks and funding programs aimed at promoting the overall enhancement of aviation infrastructure.

In contrast to discretionary funding, which is usually awarded based on competitive applications and the merit of projects, entitlement funding provides a more stable foundation, allowing airports to plan and allocate resources accordingly. Other types, like set-asides and block grants, may have different criteria and processes, focusing either on specific purposes or broader budgetary control rather than performance metrics like enplanements and operations.

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