Public use airports are a considerable asset to the national and regional aviation system, yet they also can have significant noise and other impacts on the neighborhoods surrounding them.
The Business Plan for Renton Municipal Airport was prepared at the direction of the Renton City Council, with the support of the Renton Airport Advisory Committee. It reviews the business potential for Renton Airport and develops a plan for its management and operation that addresses both the needs of the aviation community and the neighborhoods surrounding the airport.
It is unusual for an airport, especially a general aviation airport, to do a business plan. This business plan addresses many of the areas that a private sector plan would address, for example, an industry overview and market analysis about trends and competition, a discussion about products and services and possible future changes, a review of the legal and regulatory context, and the management policies and procedures used in the conduct of business. Most company business plans, however, would not be quite as broad in scope as this project. This plan looks at a 20-year time horizon, with firmer information for the 10-year horizon, rather than the three-year time frame that is typical for a business plan.