ACI-NA Airport Economics & Finance Conference May 3-5, 2010 InterContinental Miami Miami, FL 11:00 a.m. 5:00 p.m. Flight Path to Recovery AGENDA As of February 15, 2010 All events will take place at the InterContinental Hotel unless otherwise noted. SUNDAY, MAY 2, 2010 12:00 5:00 p.m. World Business Partners/Associates Board Meeting (Associates Board Members Only) Lunch will be served at 12:30p.m. 8:00 a.m. 6:00 p.m. 8:30 9:00 p.m. Continental Breakfast MONDAY, MAY 3, 2010 Committee / Steering Group / Working Group Meetings 9:00 a.m. 5:15 p.m. Committee / Steering Group / Working Group Meetings (Open to ACI-NA Members Only) ACI-NA s committee structure allows members to meet, work with and learn from other member professionals in your area of expertise. ACI-NA committees provide a forum to discuss the latest issues facing the industry and develop new and innovative solutions. Lunch will be provided. 9:00 10:20 a.m. Finance Committee Airport/Airline Business Working Group Meeting Chaired by Kimberly Jones, Director, Finance & Administration, Dane County Regional Airport
10:40 a.m. 12:00 p.m. Finance Committee Financing/Accounting Working Group Meeting Chaired by Jami McLeod, Controller, Metropolitan Nashville Airports Authority 12:00 1:00 p.m. Networking Lunch 1:00 2:30 p.m. Strategic Planning and Performance Management Working Group Chaired by Stephen Gordon, Business Manager, Oakland International Airport, Port of Oakland 1:30 2:30 p.m. Commercial Management Committee Steering Group Meeting 2:45 4:00 p.m. Commercial Management Committee Meeting Chaired by Colleen Von Hoene, Project Business Manager, Metropolitan Washington Airports Authority 2:45 4:30 p.m. Finance Committee Meeting Marsha Stone, Chief Financial Officer, Indianapolis International Airport, Indianapolis Airport Authority 4:30 5:15 p.m. Finance Committee Steering Group Meeting 5:30 7:00 p.m. Welcome Reception 8:00 a.m. 4.30 p.m. TUESDAY, MAY 4, 2010 8:00 8.30 a.m. Continental Breakfast TBD Associates & World Business Partner (WBP) Breakfast Roundtable with Airport Directors and CFOs 8:30 8:45 a.m. Welcome & Opening Remarks Speaker: Marsha Stone, Chief Financial Officer, Indianapolis International Airport, Indianapolis Airport Authority Greg Principato, President, ACI-NA 8:45 9:45 a.m. General Session 1: 2010 Flight Path to Recovery? State-of-the Economy and the Industry: Threats and Opportunities in 2010 Join aviation experts in assessing the effects of the Stimulus Bill and what strategies the airline industry has employed to survive through the recession. Learn how and when airport traffic is expected to rebound 2
and how the rapid development of the Asian economy will impact North American airports. A panel of experts will explore how the industry is facing these and other challenges and how we can adapt. Marsha Stone, Chief Financial Officer, Indianapolis International Airport, Indianapolis Airport Authority 9:45 10:00 a.m. 1 st AM Networking Break 10:00 11:15 a.m. General Session 2: Air Turbulence Airport/Airline Roundtable Shrinking airline revenues have led to increased pressure for reductions in airport charges and delays or cancellations of capital programs. But there is a need to plan for the future and the inevitable return of passengers and cargo. How do we reconcile the fact that airlines are principally focused on short term survival while airports must also concentrate on the long term air service and the economic needs of their communities? Join us for a spirited discussion about how airports and airlines can better work together to ensure operational and financial success in the short and long term. Borgan Anderson, Manager, Finance & Budget, Seattle Tacoma International Airport 11:15 11:30 a.m. 2 nd AM Networking Break 11:30 a.m. 12:30 p.m. General Session 3: Expanding the Possible Itineraries: Air Service Incentives When designing an air service incentive program, airports must navigate a minefield of value and confusing rules and regulations. When done correctly, incentive programs can help communities attract and retain service. Experts will discuss how airports can properly structure their program to stay within the bounds of the law, while also providing the maximum impact. Speakers: Kimberly Jones, Director, Finance & Administration, Dane County Regional Airport Monica Hargrove, General Council, ACI-NA Michael Audino, City of Des Moines Department of Aviation, Des Moines International Airport 12:30 2:00 p.m. Luncheon and Keynote Speech 2:00 3:00 p.m. General Session 4: Engine Failure: Has Repair Occurred? This session will provide an overview of the financial markets and the environment that airports have faced after the financial crisis. The panelists will discuss non traditional sources of government funding such as The Transportation Infrastructure Finance and Innovation Act, Buy America Bonds and Federal Transit Administration/Federal Housing Administration funding as well as take a look at bond insurance and credit support available for airports. Christopher Poinsatte, Executive Vice President and Chief Financial Officers, Dallas/Fort Worth International Airport 3:00 3:15 p.m. 1 st PM Networking Break 3
3:15 4:15 p.m. Concurrent Session 1A: Finance Mechanic s Tool Box: AMT vs. non-amt Bonds, Fixed vs. Variable Rate Debt This session will review the history and the evolution of financial derivatives and how airports can use them to their advantage. Experts in airport finance will provide a tool box for airport CFOs and Finance Directors for consideration with analysis on the pros and cons of different financing options. Cindy Nichol, Finance Director, San Francisco International Airport, San Francisco Airport Commission Concurrent Session 1B: Paying the Fare As passenger demand drops and airlines continue to put pressure on aeronautical rates and charges, airports must continue to look for new and diverse sources of revenue. Many airports have implemented new concession ideas, explored emerging technologies to help lead passengers into the airport experience, and other ways to make existing revenue opportunities more efficient. This panel of experts will share some of these ideas and approaches. Speaker: Steve Gordon, Business Manager, Oakland International Airport, Port of Oakland Lois Kramer, CEO, Kramer Aerotek, Inc. 4:15 4:30 p.m. 2 nd PM Networking Break 4:30 5:30 p.m. Concurrent Session 2A: Who s in the Cockpit - Public Private Partnership Airports in many other countries have been successfully privatized. Here in the U.S., FAA s pilot program has been less than successful. However, Chicago s Midway Airport has entered the FAA s pilot privatization program and is expected to generate enormous interest from private investors. The FAA s reauthorization proposal includes an expanded and revised pilot program with lower hurdles to making a transaction possible. This session will give you the basics on what privatization means and will help you decide if it is a good fit for your airport and community. Phoebe Seldon, Senior Vice President, Scott Balice Strategies Concurrent Session 2B: Ground Control - Rental Car Facility Development This session will focus on the facets of bringing a consolidated rental car facility to an airport and its potential impact to non-aeronautical revenue. Panelists will discuss the lessons learned from existing facilities and as well as the financing prospects for them. Rhona DiCamillo, Principal, D&G Consulting WEDNESDAY, MAY 5, 2010 8:00 11:00 a.m. 8:00 8:30 a.m. Continental Breakfast 8:30 9:30 a.m. General Session 5: Ground to Tower - Legislative/Regulatory Update 4
This session will focus on key legislative and regulatory issues that affect the airport industry. Session speakers will address the, FAA Reauthorization, AIP, AMT relief, ARRA reporting and auditing, and the status of the FAA Privatization Pilot Program. Tim Stiles, Deputy Aviation Director, Finance & Administration, Des Moines International Airport, Des Moines Department of Aviation 9:30 9:45 a.m. 1 st AM Networking Break 9:45 10:45 a.m. General Session 6: Clear to Take Off or Flight Cancelled? Update on Major Capital Programs This session will explore current major capital programs across the country and how economic conditions over the past year have affected their progress. Speaker: Lisa Stanton, Airport Chief Administrative Officer, Sacramento County Airport System Steve Gordon, Business Manager, Oakland International Airport, Port of Oakland 10:45 11:00 a.m. 2 nd AM Networking Break 11:00 a.m. 12:00 p.m. General Session 7: Future Flight Crews - Leadership Development and Succession Planning Join your colleagues in discussing the best methods and strategies in building effective airport leaders of tomorrow. Craig Williams, Director, Administration & Finance, Ft Wayne-Allen County Airport Authority 12:00 1:00 p.m. Grab & Go Box Lunch CPE Information Conference workshops are all Group-Live. Conference Learning Objectives: Participants will gain an understanding of various airport business practices and learn techniques to monitor and audit various activities. Workshops will focus on tips to improve practices and will discuss approaches used by various airports. Course Level: The course level is intermediate. Conference workshops are designed for individuals with a basic understanding of airport industry concepts and issues. Prerequisite: No prerequisites and/or advance preparation is required. Conference participants are eligible to receive up to 9 hours of Management CPE credits. 5
For more information regarding administrative policies such as complaints, cancellations and refunds, please contact Rajni Tripathi, Research Analyst, Economic Affairs & Research at (202) 293-8500 or rtripathi@aci-na.org. ACI-NA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. Telephone: 615-880-4200. Website: www.nasba.org. 6