An assessment of financial feasibility is essentially an analysis to determine if the project can
generate enough net revenue to make it attractive as an investment. Feasibility assessments are
a standard feature of the bond financing process and are typically performed by persons or firms
with specialized expertise in airport finance. Financial feasibility assessments involve detailed
analyses of annual traffic forecasts, and projections of capital costs, operating costs, and revenues.
A project is considered feasible if projected revenues cover projected capital and operating
costs by a sufficient margin.