Tourism and air transport - an economic evaluation of the Oporto Airport expansion project
Over the past few years the rate of air transport use has increased, making it a crucial sector of activity in economic and tourism development. It has become essential to adapt airport infrastructures to the new requirements of demand. This study aims evaluate and quantify, in socio-economic terms,...
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Format: | Article |
Language: | English |
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University of the Algarve - ESGHT - CIEO
2020-04-01
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Series: | Tourism & Management Studies |
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Online Access: | https://www.tmstudies.net/index.php/ectms/article/view/1334 |
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author | Vânia Natércia Gonçalves Costa |
author_facet | Vânia Natércia Gonçalves Costa |
author_sort | Vânia Natércia Gonçalves Costa |
collection | DOAJ |
description | Over the past few years the rate of air transport use has increased, making it a crucial sector of activity in economic and tourism development. It has become essential to adapt airport infrastructures to the new requirements of demand. This study aims evaluate and quantify, in socio-economic terms, the impact of investment of an airport infrastructure expansion project. This research focused on a case study of the Oporto Airport, the investment in expanding the capacity of the entire airport infrastructure from three to 11 million passengers the expansion project of this airport, which ran from 2000 to 2007 and involved a total investment of €407 million. The methodology used is based on the economic evaluation, concretely applying the cost-benefit analysis method, which compares the social benefits and decision costs. According to the results obtained, the expansion project of Oporto Airport is expected to be a good investment from a socioeconomic viewpoint. |
format | Article |
id | doaj-art-5e006e923b45449e9477dd2914e6caae |
institution | Kabale University |
issn | 2182-8466 |
language | English |
publishDate | 2020-04-01 |
publisher | University of the Algarve - ESGHT - CIEO |
record_format | Article |
series | Tourism & Management Studies |
spelling | doaj-art-5e006e923b45449e9477dd2914e6caae2025-01-07T23:12:30ZengUniversity of the Algarve - ESGHT - CIEOTourism & Management Studies2182-84662020-04-011623542Tourism and air transport - an economic evaluation of the Oporto Airport expansion project Vânia Natércia Gonçalves Costa0Polytechnic Institute of Cávado and Ave Over the past few years the rate of air transport use has increased, making it a crucial sector of activity in economic and tourism development. It has become essential to adapt airport infrastructures to the new requirements of demand. This study aims evaluate and quantify, in socio-economic terms, the impact of investment of an airport infrastructure expansion project. This research focused on a case study of the Oporto Airport, the investment in expanding the capacity of the entire airport infrastructure from three to 11 million passengers the expansion project of this airport, which ran from 2000 to 2007 and involved a total investment of €407 million. The methodology used is based on the economic evaluation, concretely applying the cost-benefit analysis method, which compares the social benefits and decision costs. According to the results obtained, the expansion project of Oporto Airport is expected to be a good investment from a socioeconomic viewpoint. https://www.tmstudies.net/index.php/ectms/article/view/1334airportcost-benefit analysiseconomic evaluationinfrastructurestourism |
spellingShingle | Vânia Natércia Gonçalves Costa Tourism and air transport - an economic evaluation of the Oporto Airport expansion project Tourism & Management Studies airport cost-benefit analysis economic evaluation infrastructures tourism |
title | Tourism and air transport - an economic evaluation of the Oporto Airport expansion project |
title_full | Tourism and air transport - an economic evaluation of the Oporto Airport expansion project |
title_fullStr | Tourism and air transport - an economic evaluation of the Oporto Airport expansion project |
title_full_unstemmed | Tourism and air transport - an economic evaluation of the Oporto Airport expansion project |
title_short | Tourism and air transport - an economic evaluation of the Oporto Airport expansion project |
title_sort | tourism and air transport an economic evaluation of the oporto airport expansion project |
topic | airport cost-benefit analysis economic evaluation infrastructures tourism |
url | https://www.tmstudies.net/index.php/ectms/article/view/1334 |
work_keys_str_mv | AT vanianaterciagoncalvescosta tourismandairtransportaneconomicevaluationoftheoportoairportexpansionproject |