What are the main challenges of applying cost-benefit analysis to airport investments?

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Cost-benefit analysis (CBA) is a widely used tool for evaluating the economic feasibility and efficiency of airport projects. However, applying CBA to airport investments is not a straightforward task. There are many challenges and limitations that airport managers and decision-makers need to consider. In this article, we will discuss some of the main challenges of CBA for airport investments and how to overcome them.

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