Air transportation is a key strategic asset in that it provides access to markets and thereby enables the
economic development of nations. Thus, in order to maintain their competitiveness in a global economy,
countries must invest in air transportation infrastructure to ensure their ability to meet current and future
demand for aviation services. The objective of this paper is to develop and illustrate a methodology for
evaluating the strategic value of air transportation infrastructure, in particular the benefits associated with
the ability to react quickly to changes in the market. The hypothesis is that by recognizing and taking
advantage of this strategic value, it may be possible to design better policies for aviation infrastructure
delivery
