Project Name: BWI On-Call Financial and Strategic Advisory Services
Client: Maryland Aviation Administration (MAA)
Description: Johnson Aviation staff are providing on-call financial services and staff support to the Maryland Aviation Administration (MAA) including: assisting BWI with financial performance measures in support of the Airport’s annually updated Strategic Initiatives Plan; an on-going benchmarking initiative of financial metrics to compare BWI with other airports in the mid-Atlantic region; the preparation of industry reports to recommend best practices aimed at reducing BWI’s operating costs; and analyses on alternative means of recovering baggage screening system costs. Staff are also updating the MAA’s Tenant Directive in relation to General Aviation (GA) rates and fees at MAA-owned Martin State Airport, and a cost per enplaned (CPE) passenger analysis and comparison to other airports in the Baltimore/Washington region. In addition, Johnson Aviation staff have provided unique advisory services for client inquiries, which include a nationwide comparison of Airport Rescue and Fire Fighting (ARFF) costs for medium and large hubs, a Capital Improvement Program (CIP) funding requirements analysis, and a parking elasticity presentation. Johnson Aviation has also provided assistance to the MAA in policy matters; conducting a survey in association with Airports Council International-North America (ACI-NA) to investigate the financial rates and charges allocation of costs for 100.0 percent baggage screening.
TASKS: Johnson Aviation staff have an on-site presence at BWI and work alongside MAA staff assisting them with day-to-day financial service tasks in addition to overseeing BWI’s airport statistics and providing communications and training support for all monthly and quarterly published statistics packages. Other on-site assistance provided by Johnson Aviation includes:
- Providing “extension of staff” services for the Financial Planning & Analysis (FP&A) unit.
- Attendance of meetings, corporate briefings and participation in airport committee meetings and roundtable workshops.
- Assisting BWI’s Chief Financial Officer (CFO) with financial analysis, document review, preparation of presentations/talking points and special projects.
- Working with staff, tenants, and other consultants to develop master schedules and run project coordination meetings.
OUTCOME: Johnson Aviation continues to excel in its role as extension of staff at BWI. Johnson Aviation’s hands-on approach to problem solving has helped the MAA overcome many challenging tasks including funding gaps with the State of Maryland, issues relating to airline negotiations and providing airport statistics support on short notice. Johnson Aviation’s focus on communication and understanding of complex problems continues to ensure positive results for the MAA.
Reference: James G. Walsh – Deputy Director & Chief Financial Officer; firstname.lastname@example.org