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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Main Author: Vânia Natércia Gonçalves Costa
Format: Article
Language:English
Published: University of the Algarve - ESGHT - CIEO 2020-04-01
Series:Tourism & Management Studies
Subjects:
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.
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institution Kabale University
issn 2182-8466
language English
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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