Airport owners are becoming more sophisticated in developing detailed asset management programs to help improve and extend the lifecycle of their facilities. At many airports, however, asset maintenance needs can still far exceed the budgetary resources available. Airports need a process to help them make financial decisions that consider the impacts from delayed maintenance and express these impacts in terms of asset condition and long-term costs to owners and airport users/stakeholders.
The objective of this research is to develop a process for quantifying the consequences of delaying maintenance on airport assets. The process should cover asset preservation policies, maintenance and budget needs, and should include analyses of delayed maintenance scenarios.