Economic assessment is becoming increasingly important in a context of deregulation and unbundling with a clear separation between service regulation and service provision.

Air Navigation Service Providers and Airport Operators, like Aircraft Operators, will not invest in new technologies unless their value for money is clearly demonstrated. This is even truer for ATM systems, which require to raise significant funds and to last for decades. Furthermore, ATM system users tend to outsource the development of their systems, which become subject to competition, even though highly specialized.

In light of this background, ADV assists decision makers as early as possible in the project life cycle by:

• Assessing the value of the concept;
• Assessing the economic viability of the project;
• Helping determine the best investment option amongst a set of alternatives;
• Identifying the potential demand for the system in aviation market;

More specifically, ADV offers economical expertise to airports, airlines, ANSP, through the development of:

• Cost Benefit Analysis (CBA)
• Cost-effectiveness analysis
• Business Case
• Air transport market analysis
• Financial assessment

Mastering CBA in the ATM context is all the more important as this is a support tool for decision-making, which compares several options together, providing evidence on the advantages and disadvantages of each alternative. The CBA, as a tool to make investment decisions, is always part of the validation of a new concept, aiming to ensure the buy-in of each stakeholder.