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HomeMy WebLinkAbout03 - Section 2 Aviation Demand Forecast - Century Plan - Airport Plan Element June 19982.0 AVIATION DEMAND FORECAST 2.1 General Forecasts of aviation activity and the demand for various types of aviation services form the basis for the planning of capital improvements at most airports. Such forecasts provide information on the necessary configuration and strength of airfield pavements, the number of hangars required, the size of terminal facilities, the types of fuel to be provided and on virtually all other aspects of an airports physical plant. As such, the forecast of aviation demand is central to any airport master plan. Inherent to the forecasting process is the determination of the time element or rate of growth since it is crucial to know when a given type of improvements will be required. Properly formulated, the aviation demand forecast can provide "triggers" for planning, design and construction activities. The appropriate response to such triggers will insure that an airport has the type and configuration of facilities that it sustain the growth objectives of its owners. Too much, too soon and the airport becomes a financial burden. Too little, too late and potential users go to other airports with the result decline in revenues and stagnation in growth. There are many different methods for forecasting aviation demand, several of which will be discussed later in this chapter. However, whichever method is selected it must be carefully tempered with a strong knowledge of the local aviation market, a recognition of the characteristics of the airport and an understanding of the objectives of the airport's policy setting body. Without these factors, the most carefully crafted aviation demand forecast is useless and possibly even detrimental. It must also be noted that demand forecasts project conditions as they might be. Actual facility usage is generally dependent upon the actions that policy planners chose take or not take. For example, a decision not to construct hangars or to set ground lease rates at levels greater than the local market dictates can result in a given facility not achieving the full potential that a demand analysis predicts. The provision of services such as fuel and maintenance are also crucial determinants in an airport reaching or not reaching its full demand potential. Pro - active, attentive management is also very important. Without the proper combination of all of the factors discussed above, even an airport in a strong aviation market may not have the based aircraft population that might be projected on the basis of market analysis alone. As previously stated, the forecast of aviation demand forms the basis for all airport master plans since such forecasts predict the usage of the airport and, in doing so, provide the basis for planning for facilities improvements. Specifically, by estimating various indicators of aviation activity, the appropriate type of facility improvements can be planned for and implemented. Aviation demand forecasts normally begin with an analysis of existing conditions in terms of numbers of based aircraft, flight operations by the various types of aircraft using the airport, and other factors such as runway and taxiway usage and weather conditions. Generally, also included in the analysis of existing conditions, is a review of historic socioeconomic information for the community that the airport in question serves. With current and historic data forming the basis for the analysis, a number of different techniques may be used to project future demand for aviation services at the airport. These techniques generally include statistical analysis and comparison with predicted state and national trends in aviation activity. This section of the Georgetown Municipal Airport Master Plan provides forecasts of aviation activity including the following parameters: 173261960507 2-1 Based aircraft by type Numbers of aircraft operations, where an operation is defined as either a takeoff or a landing. Operations are further classified as either being local or itinerant. Number of operations per based aircraft Peaking characteristics The projections contained herein also provide guidance for determining the timing of proposed improvements. Projections are provided for a twenty-year planning period which is divided into three segments as follows: Short Term - 1996 to 2000 Mid - Term - 2001 to 2005 Long Term - 2006 to 2015 2.2 Background Information As previously stated, forecasted activity for the airport is based on past and current levels of airport activity and on local socio- economic information. Historic and current data regarding based aircraft and operations were provided by the Texas Department of Transportation (TxDOT) Aviation Division, the Federal Aviation Administration (FAA) and the City of Georgetown. Socio- economic information is provided by the City of Georgetown, the Texas Water Development Board, and the Texas Employment Commission. The forecast also reflects detailed consideration of the record setting population growth currently being experienced by Williamson County as well as current events in the local area such as the closure of Austin's Robert Nlueller Municipal Airport (RMMA) and the opening of the new Austin - Bergstrom International Airport (A -BIA), currently planned for 1999. Also to be considered is the recently raised possibility of the closure of Austin Executive Airpark (Executive). The combination of statistical analysis tempered with local knowledge and judgment insures that the resulting forecasts are both technically supportable and reflective of local conditions. 2.3 Current And Historic Based Aircraft And Aircraft Operations Comprehensive information about each airport in the United States is recorded by the FAA and state aviation agencies on FAA Airport Master Record (Form 5010 -1). Although the FAA intends for each airport to be inspected annually and an updated Airport Master Record published, an annual inspection is not performed at every airport. Airport Master Records are the primary source of airport activity data for airports without a control tower such as Georgetown. Based aircraft and operations data from Georgetown's Airport Master Records for 1985 through 1996 (the last 5010 available) were compiled and are presented in Tables 2 -1 and 2 -2. 173261960507 2 -2 TABLE 2 -1 BASED AIRCRAFT HISTORY 1985 -1994 3r Jingle nngme Y15Wn ME Multi Engine Piston TJ/TP Turbojet or Turboprop Helo Helicopter TABLE 2 -2 OPERATIONS HISTORY 1985 -1994 TYPE OF OPERATION •. •; . ;� .: •:: .;. •.1 .. .. .. 0211 LOOT. 1987 1988 1989 1990 1991 1992 1993 1994 1996 GA 11 1• C a< s F s n ..,r :, �yy x ti fit« *` t' "fit LOCAL ,4 v. MEMO 56,700 56,700 46,800 131,500 28,500 28,500 28,500 28,500 128,500 -. • t` - 50,000 r. , �.. �ci• ri�.{'?`"rr .�i# i��`�'r "aW�z^�� u v" • ;. 18,000 18,000 18,000 18,000 18,000 28,730 SUBTOTAL 105,000 108,200 108,200 178,000 152,500 46,500 46,500 46,500y� 46,500 46,5}00 y8�5,389 yq AIR TAXI 800 800 1800 1800 1800 800 1800 1800 1873 800 800 ...... . ,,.. �. -- _. -. _.. ....r; . o--- .,.,..• ..rac- ,..+w� ,. _ : n.:- � ... +..... -.: ..+,..rw.. ter. MILITARY 700 700 700 700 700 700 700 1700 1800 3r Jingle nngme Y15Wn ME Multi Engine Piston TJ/TP Turbojet or Turboprop Helo Helicopter TABLE 2 -2 OPERATIONS HISTORY 1985 -1994 TYPE OF OPERATION YEAR 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1996 GA LOCAL 55,000 56,700 56,700 46,800 131,500 28,500 28,500 28,500 28,500 128,500 56,659 ITIN 50,000 51,500 51,500 31,200 121,000 18,000 18,000 18,000 18,000 18,000 28,730 SUBTOTAL 105,000 108,200 108,200 178,000 152,500 46,500 46,500 46,500y� 46,500 46,5}00 y8�5,389 yq AIR TAXI 800 800 1800 1800 1800 800 1800 1800 1873 800 800 ...... . ,,.. �. -- _. -. _.. ....r; . o--- .,.,..• ..rac- ,..+w� ,. _ : n.:- � ... +..... -.: ..+,..rw.. ter. MILITARY 700 700 700 700 700 700 700 1700 1800 700 873 TOTAL OPERATIONS 106,500 109,700 109,700 79,500 54,000 48,000 48,000 48,000 48,000 87,062 ,_;> .ea _ q. „ra. � �,,,4«�� �• "'1. •+ .tea VrbA IU62 1U62 694 :)UU 500 489 517 511 511 415 655 GA General Aviation; includes all activity except scheduled air carrier service and military operations Air Taxi On- demand, non - scheduled commercial operations which includes charter service Military Operations conducted by military aircraft Local Operations in the airport traffic pattern; to or from a practice area within 20 of the miles the airport; or practice instrument approaches at the airport Itin Itinerant operations, which are all operations not classified as Local OPBA Operations per based aircraft; general aviation aircraft only Source: FAA Airport Master Records (Form 5010 -1); Calculations by EH &A 17326/960507 2 -3 Based on information provided by the Airports management there are currently 133 based aircraft at Georgetown Municipal Airport (GMA). These aircraft are categorized as follows: Number of Aircraft Single Engine Piston 109 Multi Engine Piston 12 Turbojet or Turboprop 12 Total 133 The best information on current operations at GMA is provided by a TxDOT study which was conducted over a period from March of 1994 to February 1995. This study used acoustic recording devices to count daily operations at the airport. A total of 42 days were included in the study in four increments of approximately a week to ten days each. The sampling periods covered the range of seasonal variations in airport traffic. Based on the results of this study, a total of 87,062 annual operations were estimated to have occurred in the study year. Taking an average between the 1994 based aircraft statistic from the FAA Airport Master Record and the current aircraft population provided by the airport's management yields an estimate of 123 based aircraft during the period that the TxDOT study was conducted. The number of operations per based aircraft for the study period is calculated to be 711. It is interesting to note that, even with the 10 percent allowance for sampling error cited in the TxDOT study, the level of operational activity at GMA as estimated from TxDOT's acoustic counter study is substantially greater than that estimated in the Airport Master Records from the late 1980s and early 1990s. The greater number of total operations and operations per based aircraft is more closely comparable to those statistics from the mid -1980s period during which a previous counter study was conducted. It would seem that the latest acoustic counter study provides the most accurate information regarding operations at GMA. 2.4 Georgetown Municipal Airport's Service Area GMA service area was estimated using a technique developed by TxDOT's Aviation Division. In this methodology a 25 miles travel distance is plotted on all major roadways surrounding the airport. Where overlaps exist with the service areas of adjacent airports the overlapping area is proportioned on the basis of the classifications of the airports in question. As an example, where the service area of GMA, a general aviation airport, overlaps with that of RMMA, a primary commercial service airport, RMMA would be assigned two- thirds of the overlapping area and GMA would be assigned the remaining one - third. Such apportionment continues for all adjacent airports. Applying the above described technique to GMA yields a service area comprised of the central segment of Williamson County. This service area is illustrated in Exhibit 2 -1. 17326/960607 2-4 According to current FAA records there are 206 aircraft registered to owners with addresses in Williamson County. It is estimated that the GMA service area covers approximately 75 percent of Williamson County. Applying this factor to the total number of registered aircraft yields a total of approximately 155 aircraft. Comparing this figure to the current based aircraft population at GMA of 133, shows that GMA is claiming in excess of 85 percent of the aircraft in its market area. While the market area analysis is not rigorous and there are certainly many explanations for why a given aircraft does or does not base at GMA, this technique gives a general indication of the success of an airport in its estimated service area. In the case of GMA there is a clear indication the airport is, and has been, successful in capturing its indicated share of the market. 2.5 Forecasting Methodologies 2.5.1 Linear Regression Linear regression, one of the most commonly used statistical analysis techniques, describes and quantifies the association between two variables. In statistics, a variable is a group of data. Variables are either independent or dependent. The independent variable causes changes in or affects the dependent variable, and this effect is what is described by the linear regression. Linear regression information can be used to forecast the dependent variable. The assumption is that the historical relationship between the two variables will continue into the future. The progression of the independent variable (for example, years or a separately produced forecast of population) produces corresponding values of the dependent variable (such as based aircraft). A linear regression calculation produces a statistical value called the correlation coefficient, a number that describes how well the variables are related to each other. The correlation coefficient is expressed as a decimal less than 1 and it can be either positive or negative. The closer the coefficient is to 1 (such as 0.99), the closer the relationship between the variables. If the value is positive, the set of data would have an upward trend; a negative value would indicate a downward trend. 2.5.2 Top -Down Method Another method to predict future data is by applying a statistical characteristic, such as the rate of change, of state or national forecasts to local data. Known as the "top down" method, the separately and independently produced forecasts are assumed to have the same effect locally as regionally and nationally. The FAA annually publishes a document which analyses historical and current information and then forecasts many aspects of the aviation industry for the ensuing twelve years. The most recent of these publications is the FAA Aviation Forecasts - Fiscal Years 1995-2006• These forecasts are based on a set of assumptions, not the least of which is the outlook for moderate and sustained growth in the U.S. economy. The twelve -year economic outlook for the U.S. contained in the FAA's forecast document is indicated by a forecasted growth rate of 2.5 percent annually in the Gross Domestic Product (GDP). Inflation is expected to be in the moderate range over the same period, and oil and gas prices are expected to increase at a rate less than that for inflation. Global economic activity has recently been increasing and is expected to continue to do so, adding additional strength to the economy of the U.S. Nloreover, the FAA Forecasts also assume that recently enacted legislation limiting the liability of manufacturers of general aviation aircraft will begin beneficially affecting the general aviation fleet in the closing years of this century. 17326/960507 2 -6 The FAA Forecasts indicate that while there has been a dramatic decline in the manufacturing of general aviation aircraft since the late 1970s, recent years have shown an increase in the primary use of general aviation aircraft in the business and corporate categories. One of every four hours flown by general aviation aircraft in 1993 was in these categories. All of the positive factors will, to some degree, foster a growth in general aviation in the United States. In addition to the FAA forecast, the Texas Aeronautical Facilities Plan Summary prepared by the TxDOT Aviation Division provides forecasts of aviation activity for the State as a whole as well as various Metropolitan Statistical Areas (MSA). This source predicts a moderate but steady growth over the next ten years for most indicators of aviation activity. 2.6 Forecasts of Based Aircraft 2.6.1 Linear Regression Method Applied Socio- economic information was collected and evaluated to determine its usefulness in forecasting based aircraft. The information included county historical population and per capita income data as presented in Section 1.0, Inventory. There were encouraging instances of statistical relationships between the historical sets of data and based aircraft, but population of Williamson County was the only set of data that included an independent forecast and the appropriate level of correlation. Linear regression analysis performed on data from the recent past, specifically the period 1991 to 1995, shows excellent correlation between the population of Williamson County and the number of based aircraft at GMA. The correlation coefficient between these data sets is 0.91 On the basis of this correlation coefficient it is reasonable to assume a strong dependent relationship between based aircraft at GMA and county population. The based aircraft forecast based on the linear regression analysis is shown in Table 2 -3. TABLE 2 -3 FORECASTS OF BASED AIRCRAFT (Using County Population Projections) 2000-2015 r. Population Based -: Population _fear Scenario 0.502 Aircraft�y _ Scenario 1.00 Aircraft ' 2000 187,154 135 _ ' 226,842 =? 2005 fi : 213,738 169: 287,126 -2015 271,701 244 : 433,858'44 7� "r I Assumes a continuity in trends in the age, sex, and race /ethnicity net migration rates of the 1980s. 2 Assumes net migration rates one -half of those in the 1980s. 3 Growth scenarios are defined in Section 1.9 Source: Texas Water Development Board ; Espey, Huston & Associates, Inc. It must be noted, however, that when the analysis is expanded to include data from the late 1980's the correlation coefficient is significantly smaller. This is demonstrated by the fact that the based aircraft population at GMA peaked in the late 1980's while the county's population continued to show only modest annual increases. 17326/960507 2-7 2.6.2 Top -Down Method Applied As a means of comparison and as an expression of possible rates of growth of based aircraft at the airport, three top -down data sources were examined. The techniques are: • GDP The rate of growth in the U.S. Gross Domestic Product, which is 2.5 percent annually, has been applied to the number of based aircraft in 1995 through each of the planning time frames. • FAA FAA Aviation Forecasts includes a forecast of active general aviation aircraft by FAA Region. The forecast for the Southwest Region indicates an essentially no- growth period from 1995 to 2000, then an increase of approximately one -half percent per year through 2006. This FAA Southwest Region forecast has been applied to the number of based aircraft in 1995 for the Georgetown forecast period. • TxDOT TxDOT's Aeronautical Facilities Plan Summary includes forecasts of based aircraft for the Austin MSA and the State as a whole. For the period 1995 to 2005 the forecasted annual growth rates for based aircraft in the Austin MSA and the State are both approximately 0.6 percent 0.6 percent which shows good correlation with the FAA projections. Table 2 -4 shows the based aircraft data using these three forecasts. TABLE 2 -4 COMPARISON OF FORECAST METHODOLOGIES :Year I Gross Domestic Product Growth 2 FAA Southwest Region Active GA Aircraft Forecast 3 TxDOT Texas Aeronautical Facilities Plan Summary Source: FAA Aviation Forecasts - Texas Aeronautical Facilities Plan Summary 1988 -1993 Fiscal Years 1995 -2006 Espey, Huston & Associates, Inc. 2.6.3 Recommended Forecast The based aircraft forecasts resulting from the top down analysis are very modest and do not reflect the dynamic growth environment present in Georgetown. Nor do they reflect the changing local aviation market in which potentially some 360 aircraft currently based at RMMA and Executive, 260 based aircraft and 100 based aircraft, respectively, will be required to move upon closure of these facilities. The forecasts based on population projections appear to more accurately reflect the potential at GMA. As shown in Table 2 -3 using population Scenario 1.0 would result in a based aircraft population of 454 at the end of the planning period. Given any reasonable level of operations per based aircraft, the 17326/960507 2 -8 GDP-1 :EAAl` T.rDOV 2000 150 137 2005 170 136 r 141 .2015 >., 218 147 I Gross Domestic Product Growth 2 FAA Southwest Region Active GA Aircraft Forecast 3 TxDOT Texas Aeronautical Facilities Plan Summary Source: FAA Aviation Forecasts - Texas Aeronautical Facilities Plan Summary 1988 -1993 Fiscal Years 1995 -2006 Espey, Huston & Associates, Inc. 2.6.3 Recommended Forecast The based aircraft forecasts resulting from the top down analysis are very modest and do not reflect the dynamic growth environment present in Georgetown. Nor do they reflect the changing local aviation market in which potentially some 360 aircraft currently based at RMMA and Executive, 260 based aircraft and 100 based aircraft, respectively, will be required to move upon closure of these facilities. The forecasts based on population projections appear to more accurately reflect the potential at GMA. As shown in Table 2 -3 using population Scenario 1.0 would result in a based aircraft population of 454 at the end of the planning period. Given any reasonable level of operations per based aircraft, the 17326/960507 2 -8 airport would reach its long range planning capacity of 230,000 annual operations before it reached the indicated based aircraft population. This would result in an increase in delays, a reduction in convenience of use and, probably, a decreasing trend in based aircraft. However, the forecast based on the TWDB's most likely population projection scenarios provides for a healthy rate of growth, some 3 to 4 percent annually, and a reasonable 20 year based aircraft population of 244 which would not crowd the airport's annual capacity. It is, therefore, recommended that the based aircraft projection for GMA be primarily based on the linear regression analysis using the TWDB's Scenario 0.5 for Williamson County population as the independent variable. One change is, however, recommended. It may be noted from Table 2 -3 that the number based aircraft projected for the year 2000 is 135. The use of that figure would indicate an annual growth rate of less than one -half of one percent from the current based aircraft population of 133. Such a growth rate does not seem reasonable considering the local aviation market and various private hangar projects currently in progress at GMA. Accordingly, it is recommended that the short term based projection be derived by using the current based aircraft population and the 3 percent annual growth rate. The 3 percent growth rate is the overall planning period average annual growth rate. The recommended based aircraft forecast for GMA is provided in Table 2 -5 which follows. TABLE 2 -5 FORECAST BASED AIRCRAFT Year 1996 (a) 2000 2005 2015 (a) Actual 2.7 Fleet Mix Based Aircraft 133 (a) 150 169 244 The aircraft currently based at GMA include 109 single- engine piston (reciprocating) aircraft, 12 piston twins, 11 turboprop twins, and one jet, for a total of 133 based aircraft. There has been an occasional helicopter on the field over the years. Historically, the largest category of based aircraft has been single engine, ranging from approximately 70 to 90 percent of the total. Of the multi - engine aircraft, recently there has been a change from a majority of piston twins to an approximately even split between reciprocating and turboprops. This evolution in GMA's based aircraft fleet composition has paralleled national trends, as evidenced by the emergence of a higher proportion of turboprops and the continued wide use of single engine aircraft. It can be expected that national general aviation fleet projections will apply at GMA in the future: a large contingent of based single engine aircraft, a very small part of which will be helicopters; a continued increase in the use of turboprops (which retain value and usefulness for business purposes); and a small but stable proportion of jet business aircraft as well. The turboprops and jets are indicative of population growth and a generally healthy business climate in Georgetown and Williamson County. This translates to the following estimates of fleet mix for the planning period as shown in Table 2 -6. 17326/960507 2-9 TABLE 2 -6 PROJECTED FLEET MIX YEAR SE W TP .TF.T 2000 80% 8% 7% 5% ....r+.rr_rge.a+- .,+.a � +:c+,r- •.:w,:.+.r.ar. :,,�.,.�nc+- w�*.n�..«ur :- a,s�.r +-.w- :w-..nr:✓� -. .:y:- w.�•. �.a.. -� - 2000 0 10% 10% 0 r:_•_w,..... .. ,�...ei� .� •_�^ -w .:.. .....�..u. ..�. �. '. ...ay.— ..�n.�.a�'.riN.ee:�...r wr_;w ] .��...+.IC'°... �.`s.Z.. .+HIh �o 2015 7 0o 0 1 SE - Single Engine Piston ME - Multi Engine Piston TP - Turboprop TJ - Turbojet 2.8 Forecasts Of Operations 2.8.1 Local And Itinerant Operations Forecasts The historical information for Georgetown Municipal Airport, as recorded on FAA Forms 5010 -1 and shown on Table 2 -2, include both local and itinerant operations. Total operations per based aircraft (OPBA) have been calculated for each year. Using this data the average numbers of local and itinerant operations per based aircraft were also calculated. They are: • Local - 357 OPBA, • Itinerant - 271 OPBA, and Total - 628 OPBA. Although the based aircraft did not actually conduct all of the reported operations, one way of forecasting future operations is by applying average operations per based aircraft to a projection of based aircraft. Table 2 -7 shows the results of multiplying the average OPBA for Georgetown by the recommended forecast of based aircraft for GMA. It should also be noted that the average operations per based aircraft compares reasonably closely to the 711 value for same statistic calculated from TxDOT's Acoustic Counter Survey. TABLE 2 -7 FORECAST OF ANNUAL AIRCRAFT OPERATIONS 17326/960507 2-10 BASED LOCAL ; ITINERANT YEAR AIRCRAFT OPERATIONS i OPERATIONS TOTAL 2000 150 53,550 40,650 94,200 2005 169 60,333 ; 45,799 106,132 2015 244 87,108 66,124 153,232 17326/960507 2-10 2.8.2 Other Operational Activity Historically, touch -and -go operations at Georgetown have constituted approximately 40 % of total operations due to training conducted by locally based aircraft and by aircraft from other airports in the region. However, as the level of total operations increases at Georgetown and the number of aircraft in the traffic pattern grows, training activity will tend to gravitate to other less active area airports. The proportion of touch - and -go operations will decline over time. Transient operations are those conducted at Georgetown by aircraft based elsewhere. Training operations and business flights into and out of Georgetown constitute the majority of transient operations. While some of the transient training operations may occur at other less crowded airports as the overall level of operations increase at Georgetown, attraction of business aircraft is an integral part of the airport's service to the community. It is important to recognize the fact that airport facilities should be provided to accommodate these aircraft. This usually means apron tiedown space over and above that needed by based aircraft. Operations by military aircraft are entirely transient, since there are no based military aircraft at Georgetown. Historical records indicate a constant level of military activity over the past 10 years (700 operations annually) and this is not expected to change. Similarly, air taxi activity has been at a constant level of 800 per year as reported by the FAA, and there is no reason to expect any change. Peak aircraft operations are estimated to occur on weekends due to the relatively large proportion of single engine aircraft in recreational and training use. This conclusion is supported by data from TxDOT's recent acoustic counter study which showed peak activities by larger business -type aircraft tend to occur at the beginning and end of the work week. On a national basis, the summer months are usually the most active, and the same would be expected to be true at GMA. Again this conclusion is supported by the results of TxDOT's acoustic study. GMA peaking characteristics are estimated as shown in Table 2 -8: TABLE 2 -8 FORECAST PEAKING CHARACTERISTICS Peak a ea Year Month Day Average Hour 2000 9,420 314 2 .+..!�.dcs., ..:�- ,...,v :.- .� -a.,. _ - ...:..,..Ra�....LL 2005 : :..+- ..,...rs: _ -•-. - .- .:,:+- r- �- .�.:....-..«q 10, 13 -- •• _.....�,..:.., +_ .:. _ _ _ _e!..- 353 _.v..�....w -_ __ _ _ 3s�_ w�...:�. 29 � - -� � 2015 15,33 511 42 2.8.3 Scheduled Air Carrier Service The aviation demand analysis in the Master Plan has been concentrated on general aviation activity. This is entirely appropriate since this area of aviation service has been GMA's primary focus since it first began operations. However, given the distance to the new Austin - Bergstrom International Airport from the Georgetown area, it is possible that a small air carrier would offer service. It is likely that smaller aircraft would provide such service with connections being made at the new Austin airport although direct service to near markets is also possible. 17326/960507 2-11 While recognizing that a potential for the institution of air carrier service may exist, the City is not actively pursuing scheduled air service. Accordingly, if a viable prospect for the provision of air carrier service should emerge, it is recommended that the City's administration carefully evaluate the potential benefits to the community resulting from the provision of such service versus possible costs such as the provision of terminal facilities and associated adverse impacts such as increased air traffic. In determining if cooperation with private interests to bring such service to Georgetown Municipal Airport is warranted, due consideration must also be given to the fiscal practicality of the proposal and it's consistency with the City Council's previous action regarding the limitation of the length of the primary runway (18 -36) to 5,000 feet. 173261960507 2 -12