Kenneth J. Cushine
Vice President and Principal
kcushine@frascallc.com
Mr. Cushine specializes in the financial structuring of airport projects
including terminal, infrastructure and real estate development, the assessment
of airport best practices and performance measurement, and the negotiation
and implementation of airline and other airport user lease agreements.
Mr. Cushine has worked in airport finance for over fourteen years. In 1997,
he became a founding member of Frasca & Associates
From 1990 to 1996, Mr. Cushine held a series of positions, culminating as
the General Manager of Business and Financial Services, for the Aviation
Department of the Port Authority of New York and New Jersey, where his
responsibilities involved airport business development, lease policy, capital
planning oversight and reporting, budgeting and the structuring of airport
fees and charges. Specific projects Mr. Cushine has worked on include the
development of the airport business plan for the New York region, negotiations
for several cargo development projects and the development of the concession
management plan for New York airports (including the selection of and negotiation
with developers). Mr. Cushine also worked on the Port's PFC applications, the
financial analysis supporting the JFK and Newark Redevelopment Programs,
negotiations with several major airlines for unit terminal leases, the development
of a risk assessment model for major projects, and the setting of parking rates
to manage demand and optimize revenues.
Mr. Cushine received a B.S. in Electrical Engineering, magna cum laude, from
Rensselaer Polytechnic Institute and an M.B.A. in Finance from Columbia University,
where he was elected to Beta Gamma Sigma.
