The ICAO Manual on Economic and Financial Analyses for Aviation Infrastructure Projects (Doc 10170, 2022) provides comprehensive guidance for conducting economic and financial evaluations of airport and aviation infrastructure investments. It defines key concepts such as cost-benefit analysis (CBA), economic impact analysis, and cost-effectiveness analysis, helping planners select the appropriate method for each project. The manual outlines a step-by-step approach to identify, quantify, and monetize costs and benefits, apply discounting, and interpret results for decision-making. It complements other ICAO publications, including the Airport Economics Manual (Doc 9562) and the Manual on Air Navigation Services Economics (Doc 9161), providing context for financial management and investment appraisal. Doc 10170 is essential for preparing CBAs, business cases, and feasibility studies, supporting informed decisions on airport expansions, terminal upgrades, runways, and other aviation infrastructure projects.
