Terminal-based retail has been sufficiently successful that many airport operators are considering enlarging their facilities in order to increase revenues. On the basis of data on the retail sales and rental revenues for 75 of the US's most important passenger airports, we demonstrate the...

This note examines the role that air cargo plays in economic development and factors that condition its impact. After presenting basic empirical relationships between air cargo and both trade and gross domestic product per capita, we discuss three factors that can enhance air cargo's positive...