Kenneth J. Cushine
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 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.



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