What are two prominent forms of airport ownership?

• A. Municipality and Airport Authority
• B. Private Ownership
• C. State Ownership
• D. Federal Ownership

Answer: (A)

Two prominent forms of airport ownership are municipal ownership and airport authorities.

Municipal ownership means the airport is owned and run by a city or county government, aligning airport decisions with local planning, taxes, and public accountability. An airport authority, on the other hand, is an independent public body created by law to own and manage the airport (often serving a region or multiple airports). It has its own board, financing mechanisms, and can issue bonds, providing professional management and a longer-term focus that isn’t tied to a single city's budget.

Private ownership can occur for some small general-aviation airports, but it’s less common for major public-use airports. In some places, state or federal ownership or involvement exists, but the two most widespread civilian forms are municipal ownership and airport authorities.