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Airline and Airline–Airport Consortiums to Manage Terminals and Equipment (2011)

Chapter: Glossary of Terms, Abbreviations and Acronyms

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Page 36
Suggested Citation:"Glossary of Terms, Abbreviations and Acronyms." National Academies of Sciences, Engineering, and Medicine. 2011. Airline and Airline–Airport Consortiums to Manage Terminals and Equipment. Washington, DC: The National Academies Press. doi: 10.17226/22834.
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Page 36

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37 The following is a brief glossary of terminology used in the synthesis report. • Majority-in-Interest or MII—with respect to a vote for or against any matter arising under or related to a consortium member agreement the votes of those member represen- tatives of member airlines entitled to vote and not then in default collectively representing more than: (1) fifty per- cent (50%) in number of the members; and (2) fifty per- cent (50%) of the total usage of the members for the 12 months before the month in which the vote is taken. • MBE/WBE—Minority-owned Business Enterprise/ Women-owned Business Enterprise that may be related to affirmative action or similar programs, which may be required under local, state or federal orders, laws, statutes, ordinances, or acts. • WCAA—the Wayne County Airport Authority, which is responsible for Detroit Metropolitan Airport. GLOSSARY OF TERMS, ABBREVIATIONS AND ACRONYMS

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TRB’s Airport Cooperative Research Program (ACRP) Synthesis 31: Airline and Airline–Airport Consortiums to Manage Terminals and Equipment discusses the current state of Airline-Airport consortiums in the United States.

Issued addressed in the report include scope of responsibilities, consortium formation, membership, contractual agreements and insurance, organizational structures, performance standards, financial models, and organizing tips and lessons learned from existing consortiums.

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