Research Catalog

Title

EU-funded airport infrastructures : poor value for money : (pursuant to Article 287(4), second subparagraph, TFEU) / European Court of Auditors.

Publication

• Luxembourg : Publications Office of the European Union, 2014.
• ©2014

Items in the Library & Off-site

Details

Additional Authors

European Court of Auditors, issuing body.

Description

68 pages : color illustrations, color maps; 30 cm

Summary

"The Court audited 20 airports in five Member States and found that EU funding is in many cases provided to airports in close proximity to each other: for 13 airports, significant overlaps exist with the catchment areas of neighbouring airports. This produced poor value for money and resulted in oversizing of the EU-funded infrastructures and in over-capacity. The Court also observes that the EU funding was not cost-effective and that seven of the airports examined are not profitable: these may need to be closed unless they receive continuous public financial support. The EU funding of airports is not well coordinated at national level and, in particular as regards major projects and cohesion fund projects, insufficiently supervised by the Commission which generally does not know which airports receive funding, and how much they receive"-- Page 4 of cover.

Series Statement

Special report, 1831-0834 ; 2014, no. 21

Uniform Title

Special report (European Court of Auditors) ; no. 2014/21.

Alternative Title

European Union funded airport infrastructures

Subject

• Airports > Economic aspects > European Union countries
• Airports > European Union countries > Management
• Aéroports > Pays de l'Union européenne > Gestion
• Airports > Economic aspects
• Airports > Management
• European Union countries

Genre/Form

Internet resources.

Note

• "QJ-AB-14-020-EN-C"--Page 4 of cover.
• "European Court of Auditors"--Cover.

Bibliography (note)

• Includes bibliographical references.

Additional Formats (note)

• Also available on the Internet.

Contents

Executive summary -- Introduction. Main characteristics of air transport in Europe; EU air transport policy and funding of airport infrastructures; The management of investments in airport infrastructures under the ERDF and CF; Types of airport infrastructures examined -- Audit scope and approach -- Observations. Need for new or upgraded infrastructures demonstrated for half of the airports examined; Delays in constructions for most and cost overruns for half of the airports examined; More than half of the constructions were under-used; EU funding for investments which are not cost-effective; Seven of the 20 audited airports are not financially self-sustainable; Forecast of passenger numbers significantly over-optimistic for 12 of the 20 airports examined; Limited impact of EU-funded investments on passenger numbers, customer service and job creation; Similar investments in airports in close proximity to each other; Planning of investments in airport infrastructures generally not coordinated at national level; Limited information available to the Commission on EU funding of airports -- Conclusions and recommendations -- Annex I: ERDF and CF allocations between 2000 and 2013 for airport infrastructures per Member State -- Annex II: List of airports and projects audited -- Annex III: Overview of audit results and assessment -- Annex IV: Catchment area analysis of individual airports -- Reply of the Commission.

ISBN

• 9789287212764
• 9287212767

LCCN

10.2865/10461

OCLC

• ocn904227249
• 904227249
• SCSB-1820902

Owning Institutions

Princeton University Library