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Norfolk Airport Authority Norfolk International AirportAirport Concession Disadvantaged Business Enterprise Program August 2021Table of Contents POLICY STATEMENT .............................................................................................................................................................................................
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Airports and municipal authorities that are looking to diversify their revenue streams.
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Alternative revenue for airportsmunicipal refers to any income source other than traditional aviation activities, such as parking fees, rental income, concessions, and advertising revenue.
Airports or municipal authorities operating airports are required to file alternative revenue reports.
Alternative revenue reports can typically be filled out online through a designated portal provided by the relevant aviation authority.
The purpose of alternative revenue reports is to provide transparency and accountability regarding non-aviation income generated by airports, ensuring proper financial management and oversight.
Information such as the types of alternative revenue sources, total income generated from each source, and any relevant financial documents supporting the reported data must be included in the report.
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