The latest issue of TRB’s Airport Cooperative Research Program (ACRP) Impact on Practice describes how information included in ACRP Report 47: Guidebook for Developing and Leasing Airport Property was used by the Houston Airport System to complete its due diligence of identifing stakeholders and impacts in allowing Hobby Airport to offer international flights.

The Impacts on Practice also highlights how Texas Southern University students in the Aviation Property and Leasing Management course working towards a degree in Aviation Science and Technology used ACRP Report 47 as the primary reference for the course.

ACRP Report 47, Guidebook for Developing and Leasing Airport Property was released in March 2011 and explores issues associated with developing and leasing available airport land and summarizes best practices from the perspective of the airport sponsor.