Airport Terminal Management firms are involved in new terminal construction, renovation, and extensions.
This field also involves building management firms and special trade contractors that work for larger corporations.
The industry is classified as institutional and municipal building, and it has grown as a result of broad-based economic development.
Government aviation financing, long-term demand for air travel, and market optimism all have a significant impact on industry efficiency.
This sector has grown rapidly in the five years to 2020, owing primarily to the Airport Improvement Plan (AIP), which has appropriated an unprecedented $3.5 billion annually since 2015 for the estimated $35.1 billion in API qualifying projects between 2015 and 2023.