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**LAAS Benefits Analysis**

**Addendum to the**

**Analysis of the Potential Incremental Benefits from LAAS Delivered
February 25, 2004**

**Preliminary Findings**

**March 2004**

# Introduction

This addendum updates the preliminary findings of a benefits analysis of
the Local Area Augmentation System (LAAS), conducted by IBM Business
Consulting Services for the Federal Aviation Administration (FAA) and
delivered on February 25, 2004. It contains updates of the preliminary
findings, based on the following four modifications to the previous
assumptions:

1.  LAAS Cat I initial operational capability (IOC) changed from 2006 to
    June 2009, and Cat II/III IOC changed from 2010 to June 2013

2.  LAAS procedures were now assumed to be available 4 months after each
    site installation

3.  LAAS Ground Facilities (LGFs) were assumed to be installed at the
    120 airports[^1] in order of estimated LAAS benefits

4.  The pace of LAAS avionics equipage was extended from 4 to 6 years,
    starting at IOC

In the interest of providing a timely response that includes the
principal benefit categories, results in this addendum are the outcome
of adding the benefits from the following three analyses[^2]:

1.  Reduced Disruptions for Straight-in Precision Approaches

2.  Reduced Disruptions with LAAS Precision Takeoff Guidance

3.  Reduced Airborne Delay from Elimination of ILS Critical Areas

Additional analyses, such as benefits from closely-spaced parallel
approaches, complex procedures, safety benefits from a reduction in
accidents, and benefits from noise abatement are not included in this
update. Benefits from these categories will be included in future
updates, as appropriate.

To determine the order for installations, the 120 airports were ranked
from highest to lowest discounted 20-year benefit for Cat I and then
again for Cat II/III. Two different scenarios were analyzed, based on
assumptions regarding avionics equipage:

1.  LAAS with 0% WAAS equipage; and

2.  LAAS with 100% WAAS equipage.

# Preliminary Results

Based on the changes mentioned above, the total LAAS operating cost
savings and passenger value of time (PVT) benefits across the 120
airports are found in Table 1. Detailed operating cost results by
airport can be found in Table 2 for the LAAS with 0% WAAS Equipage
scenario and Table 3 for the LAAS with 100% WAAS Equipage scenario.
Similarly, detailed PVT results can be found in Table 4 for the LAAS
with 0% WAAS Equipage scenario and Table 5 for the LAAS with 100% WAAS
Equipage scenario.

[Table 1: LAAS Operating Cost and PVT Benefits at the 120
airports]{.smallcaps}

+---------------+--------------------------+--------------------------+
| **Scenario**  | **Total LAAS Benefits**  | **Total LAAS Benefits**  |
|               |                          |                          |
|               | **Operating Cost         | **Passenger Value of     |
|               | Savings**                | Time Savings**           |
+---------------+--------------------------+--------------------------+
| LAAS with 0%  | \$691,566,000            | \$768,847,000            |
| WAAS Equipage |                          |                          |
+---------------+--------------------------+--------------------------+
| LAAS with     | \$518,298,000            | \$579,889,000            |
| 100% WAAS     |                          |                          |
| Equipage      |                          |                          |
+---------------+--------------------------+--------------------------+

#  Comments on Interpreting Results in this Update

-   This is an update to the Analysis of the Potential Incremental
    Benefits from LAAS delivered February 25, 2004. Unless stated as a
    change in this addendum, all assumptions and descriptions of
    methodology can be found in the previous mentioned document.

-   Since installation schedules are determined for both the 0% WAAS
    Equipage scenario and the 100% WAAS Equipage scenario, it is
    possible for an airport to have a larger LAAS benefit in the 100%
    WAAS Equipage scenario. This happens when the LGF is installed at an
    earlier date in the 100% WAAS scenario than in the 0% WAAS Equipage
    scenario (*e.g.*, ALB).

-   It is also possible for the LAAS benefits to be identical in both
    the 0% WAAS Equipage scenario and the 100% WAAS Equipage scenario.
    This happens when an airport receives only Cat II/III benefit in
    both scenarios and the LGF installation dates are in the same year
    for both scenarios (*e.g.*, ORD).

-   It is possible for PVT to be higher or lower than operating costs
    since these results are aggregated up from the user class level. For
    example, if an airport has a large amount of volume from cargo
    carriers, then the PVT for the airport may be lower than the
    operating costs (*e.g.*, MEM).

[Table 2: Discounted 20 year LAAS Benefits Assuming Installation in
Order of Individual Airport Benefit, 0% WAAS Equipage; Operating Cost,
by Airport]{.smallcaps}

  ----------- ------------- ----------- ------------- ----------- -------------
  **Airport   **Operating   **Airport   **Operating   **Airport   **Operating
  ID**        Cost          ID**        Cost          ID**        Cost
              Benefit**                 Benefit**                 Benefit**

  **ABQ**     \$ 2,797,000  **FAI**     \$ 2,327,000  **OKC**     \$ 7,940,000

  **ACK**     \$ -          **FAT**     \$ 1,052,000  **OMA**     \$ 2,067,000

  **AFW**     \$ 249,000    **FLL**     \$ 4,047,000  **ONT**     \$ 723,000

  **ALB**     \$ 5,801,000  **FWA**     \$ 2,697,000  **ORD**     \$ 24,431,000

  **ANC**     \$ 16,438,000 **FXE**     \$ 246,000    **ORF**     \$ 4,081,000

  **ATL**     \$ 15,376,000 **GEG**     \$ 9,194,000  **PBI**     \$ 2,140,000

  **AUS**     \$ 3,370,000  **GRR**     \$ 10,741,000 **PDX**     \$ 4,458,000

  **AVL**     \$ 2,011,000  **GSO**     \$ 7,813,000  **PHL**     \$ 19,569,000

  **BDL**     \$ 4,751,000  **GSP**     \$ 1,572,000  **PHX**     \$ 1,130,000

  **BFI**     \$ 573,000    **HNL**     \$ 69,000     **PIE**     \$ 1,520,000

  **BGR**     \$ 973,000    **HOU**     \$ 18,698,000 **PIT**     \$ 8,635,000

  **BHM**     \$ 2,093,000  **HPN**     \$ 1,807,000  **PVD**     \$ 8,739,000

  **BNA**     \$ 2,036,000  **HSV**     \$ 536,000    **RDU**     \$ 9,407,000

  **BOI**     \$ 5,087,000  **IAD**     \$ 12,061,000 **RFD**     \$ 1,263,000

  **BOS**     \$ 13,346,000 **IAH**     \$ 3,308,000  **RIC**     \$ 5,611,000

  **BUF**     \$ 9,774,000  **ICT**     \$ 5,506,000  **RNO**     \$ 986,000

  **BUR**     \$ 2,742,000  **ILN**     \$ -          **ROC**     \$ 3,488,000

  **BWI**     \$ 11,396,000 **IND**     \$ 4,191,000  **RSW**     \$ 6,064,000

  **CAE**     \$ 3,552,000  **JAN**     \$ 959,000    **SAN**     \$ -

  **CHA**     \$ 1,209,000  **JAX**     \$ 7,274,000  **SAT**     \$ 6,355,000

  **CHS**     \$ 4,424,000  **JFK**     \$ 16,387,000 **SDF**     \$ 675,000

  **CLE**     \$ 14,804,000 **JNU**     \$ -          **SEA**     \$ 5,017,000

  **CLT**     \$ 23,636,000 **LAS**     \$ 3,570,000  **SFB**     \$ 461,000

  **CMH**     \$ 5,685,000  **LAX**     \$ 11,009,000 **SFO**     \$ 4,574,000

  **COS**     \$ 5,656,000  **LCK**     \$ -          **SHV**     \$ 1,844,000

  **CVG**     \$ 14,908,000 **LGA**     \$ 10,028,000 **SJC**     \$ 5,066,000

  **DAB**     \$ 1,124,000  **LGB**     \$ 5,152,000  **SLC**     \$ -

  **DAL**     \$ 5,055,000  **LIT**     \$ 2,493,000  **SMF**     \$ 7,732,000

  **DAY**     \$ 4,205,000  **MCI**     \$ 4,695,000  **SNA**     \$ 10,295,000

  **DCA**     \$ 20,861,000 **MCO**     \$ 1,634,000  **STL**     \$ 10,885,000

  **DEN**     \$ 14,928,000 **MDT**     \$ 2,104,000  **SWF**     \$ 1,192,000

  **DFW**     \$ 7,458,000  **MDW**     \$ 24,329,000 **SYR**     \$ 3,709,000

  **DLH**     \$ 1,048,000  **MEM**     \$ 14,673,000 **TEB**     \$ 2,747,000

  **DSM**     \$ 5,180,000  **MHT**     \$ 7,097,000  **TLH**     \$ 5,774,000

  **DTW**     \$ 11,756,000 **MIA**     \$ 3,731,000  **TPA**     \$ 5,055,000

  **DVT**     \$ -          **MKE**     \$ 17,470,000 **TRI**     \$ 1,600,000

  **ELP**     \$ 57,000     **MMU**     \$ -          **TUL**     \$ 3,971,000

  **EUG**     \$ 2,826,000  **MSP**     \$ 9,786,000  **TUS**     \$ 219,000

  **EWR**     \$ 8,132,000  **MSY**     \$ 8,854,000  **TYS**     \$ 1,894,000

  **EYW**     \$ 390,000    **OAK**     \$ 3,592,000  **VNY**     \$ 3,840,000
  ----------- ------------- ----------- ------------- ----------- -------------

[Table 3: Discounted 20 year LAAS Benefits Assuming Installation in
Order of Individual Airport Benefit, 100% WAAS Equipage; Operating Cost,
by Airport]{.smallcaps}

  ----------- ------------- ----------- ------------- ----------- -------------
  **Airport   **Operating   **Airport   **Operating   **Airport   **Operating
  ID**        Cost          ID**        Cost          ID**        Cost
              Benefit**                 Benefit**                 Benefit**

  **ABQ**     \$ 2,048,000  **FAI**     \$ 2,327,000  **OKC**     \$ 5,854,000

  **ACK**     \$ -          **FAT**     \$ 634,000    **OMA**     \$ 2,067,000

  **AFW**     \$ 247,000    **FLL**     \$ 2,027,000  **ONT**     \$ 723,000

  **ALB**     \$ 5,836,000  **FWA**     \$ 1,515,000  **ORD**     \$ 24,431,000

  **ANC**     \$ 10,918,000 **FXE**     \$ -          **ORF**     \$ 4,100,000

  **ATL**     \$ 15,376,000 **GEG**     \$ 6,370,000  **PBI**     \$ 1,333,000

  **AUS**     \$ 3,370,000  **GRR**     \$ 6,281,000  **PDX**     \$ 4,458,000

  **AVL**     \$ 2,012,000  **GSO**     \$ 7,813,000  **PHL**     \$ 11,374,000

  **BDL**     \$ 4,751,000  **GSP**     \$ 1,572,000  **PHX**     \$ 1,130,000

  **BFI**     \$ 568,000    **HNL**     \$ 69,000     **PIE**     \$ 506,000

  **BGR**     \$ 973,000    **HOU**     \$ 14,784,000 **PIT**     \$ 8,635,000

  **BHM**     \$ 2,112,000  **HPN**     \$ 1,859,000  **PVD**     \$ 4,462,000

  **BNA**     \$ 2,036,000  **HSV**     \$ 531,000    **RDU**     \$ 9,451,000

  **BOI**     \$ 2,752,000  **IAD**     \$ 12,061,000 **RFD**     \$ 707,000

  **BOS**     \$ 13,346,000 **IAH**     \$ 3,308,000  **RIC**     \$ 3,125,000

  **BUF**     \$ 4,400,000  **ICT**     \$ 3,996,000  **RNO**     \$ 498,000

  **BUR**     \$ 235,000    **ILN**     \$ -          **ROC**     \$ 1,865,000

  **BWI**     \$ 11,396,000 **IND**     \$ 4,191,000  **RSW**     \$ 5,081,000

  **CAE**     \$ 2,423,000  **JAN**     \$ 959,000    **SAN**     \$ -

  **CHA**     \$ 959,000    **JAX**     \$ 6,334,000  **SAT**     \$ 6,400,000

  **CHS**     \$ 3,227,000  **JFK**     \$ 12,356,000 **SDF**     \$ 670,000

  **CLE**     \$ 12,705,000 **JNU**     \$ -          **SEA**     \$ 5,017,000

  **CLT**     \$ 23,636,000 **LAS**     \$ 2,980,000  **SFB**     \$ 300,000

  **CMH**     \$ 5,731,000  **LAX**     \$ 11,009,000 **SFO**     \$ 4,574,000

  **COS**     \$ 4,764,000  **LCK**     \$ -          **SHV**     \$ 809,000

  **CVG**     \$ 9,505,000  **LGA**     \$ 10,028,000 **SJC**     \$ 3,393,000

  **DAB**     \$ 619,000    **LGB**     \$ 2,064,000  **SLC**     \$ -

  **DAL**     \$ 5,106,000  **LIT**     \$ 1,692,000  **SMF**     \$ 6,411,000

  **DAY**     \$ 3,061,000  **MCI**     \$ 4,695,000  **SNA**     \$ 966,000

  **DCA**     \$ 187,000    **MCO**     \$ 1,634,000  **STL**     \$ 10,904,000

  **DEN**     \$ 14,928,000 **MDT**     \$ 2,134,000  **SWF**     \$ 563,000

  **DFW**     \$ 7,458,000  **MDW**     \$ 2,514,000  **SYR**     \$ 1,951,000

  **DLH**     \$ 888,000    **MEM**     \$ 8,422,000  **TEB**     \$ 2,517,000

  **DSM**     \$ 3,147,000  **MHT**     \$ 5,060,000  **TLH**     \$ 3,276,000

  **DTW**     \$ 11,756,000 **MIA**     \$ 2,011,000  **TPA**     \$ 2,301,000

  **DVT**     \$ -          **MKE**     \$ 8,474,000  **TRI**     \$ 1,083,000

  **ELP**     \$ 57,000     **MMU**     \$ -          **TUL**     \$ 2,700,000

  **EUG**     \$ 1,780,000  **MSP**     \$ 9,786,000  **TUS**     \$ 193,000

  **EWR**     \$ 8,132,000  **MSY**     \$ 5,851,000  **TYS**     \$ 1,912,000

  **EYW**     \$ -          **OAK**     \$ 1,100,000  **VNY**     \$ 1,672,000
  ----------- ------------- ----------- ------------- ----------- -------------

[Table 4: Discounted 20 year LAAS Benefits Assuming Installation in
Order of Individual Airport Benefit, 0% WAAS Equipage; Passenger Value
of Time, by Airport]{.smallcaps}

  ----------- ------------ ----------- ------------ ----------- ------------
  **Airport   **PVT        **Airport   **PVT        **Airport   **PVT
  ID**        Benefit**    ID**        Benefit**    ID**        Benefit**

  **ABQ**     \$ 3,352,000 **FAI**     \$ 2,713,000 **OKC**     \$ 7,771,000

  **ACK**     \$ -         **FAT**     \$ 1,870,000 **OMA**     \$ 1,868,000

  **AFW**     \$ 11,000    **FLL**     \$ 4,718,000 **ONT**     \$ 626,000

  **ALB**     \$ 7,694,000 **FWA**     \$ 3,175,000 **ORD**     \$
                                                                28,318,000

  **ANC**     \$           **FXE**     \$ 32,000    **ORF**     \$ 4,956,000
              13,929,000                                        

  **ATL**     \$           **GEG**     \$           **PBI**     \$ 1,819,000
              17,478,000               10,375,000               

  **AUS**     \$ 3,041,000 **GRR**     \$           **PDX**     \$ 5,206,000
                                       12,724,000               

  **AVL**     \$ 2,331,000 **GSO**     \$ 8,253,000 **PHL**     \$
                                                                21,807,000

  **BDL**     \$ 4,803,000 **GSP**     \$ 2,179,000 **PHX**     \$ 1,187,000

  **BFI**     \$ 120,000   **HNL**     \$ 123,000   **PIE**     \$ 494,000

  **BGR**     \$ 1,195,000 **HOU**     \$           **PIT**     \$
                                       18,915,000               10,831,000

  **BHM**     \$ 1,910,000 **HPN**     \$ 1,408,000 **PVD**     \$
                                                                10,400,000

  **BNA**     \$ 2,026,000 **HSV**     \$ 493,000   **RDU**     \$
                                                                12,061,000

  **BOI**     \$ 5,929,000 **IAD**     \$           **RFD**     \$ 207,000
                                       15,556,000               

  **BOS**     \$           **IAH**     \$ 3,866,000 **RIC**     \$ 5,995,000
              16,770,000                                        

  **BUF**     \$           **ICT**     \$ 3,437,000 **RNO**     \$ 923,000
              11,744,000                                        

  **BUR**     \$ 2,844,000 **ILN**     \$ -         **ROC**     \$ 4,272,000

  **BWI**     \$           **IND**     \$ 3,098,000 **RSW**     \$ 6,458,000
              12,324,000                                        

  **CAE**     \$ 3,964,000 **JAN**     \$ 885,000   **SAN**     \$ -

  **CHA**     \$ 983,000   **JAX**     \$ 7,205,000 **SAT**     \$ 5,367,000

  **CHS**     \$ 5,242,000 **JFK**     \$           **SDF**     \$ 423,000
                                       19,288,000               

  **CLE**     \$           **JNU**     \$ -         **SEA**     \$ 6,191,000
              20,324,000                                        

  **CLT**     \$           **LAS**     \$ 5,122,000 **SFB**     \$ 560,000
              26,626,000                                        

  **CMH**     \$ 6,673,000 **LAX**     \$           **SFO**     \$ 4,922,000
                                       12,769,000               

  **COS**     \$ 5,709,000 **LCK**     \$ -         **SHV**     \$ 2,118,000

  **CVG**     \$           **LGA**     \$           **SJC**     \$ 5,741,000
              18,753,000               12,389,000               

  **DAB**     \$ 797,000   **LGB**     \$ 3,309,000 **SLC**     \$ -

  **DAL**     \$ 4,337,000 **LIT**     \$ 2,124,000 **SMF**     \$ 8,010,000

  **DAY**     \$ 4,269,000 **MCI**     \$ 5,405,000 **SNA**     \$
                                                                10,371,000

  **DCA**     \$           **MCO**     \$ 1,887,000 **STL**     \$
              25,190,000                                        15,701,000

  **DEN**     \$           **MDT**     \$ 2,442,000 **SWF**     \$ 1,004,000
              17,594,000                                        

  **DFW**     \$ 8,812,000 **MDW**     \$           **SYR**     \$ 4,661,000
                                       27,974,000               

  **DLH**     \$ 1,125,000 **MEM**     \$           **TEB**     \$ 377,000
                                       10,337,000               

  **DSM**     \$ 5,934,000 **MHT**     \$ 7,750,000 **TLH**     \$ 8,589,000

  **DTW**     \$           **MIA**     \$ 3,966,000 **TPA**     \$ 5,725,000
              13,852,000                                        

  **DVT**     \$ -         **MKE**     \$           **TRI**     \$ 1,851,000
                                       24,808,000               

  **ELP**     \$ 40,000    **MMU**     \$ -         **TUL**     \$ 3,549,000

  **EUG**     \$ 4,053,000 **MSP**     \$           **TUS**     \$ 229,000
                                       11,409,000               

  **EWR**     \$ 8,988,000 **MSY**     \$ 9,055,000 **TYS**     \$ 2,039,000

  **EYW**     \$ 722,000   **OAK**     \$ 3,145,000 **VNY**     \$ 528,000
  ----------- ------------ ----------- ------------ ----------- ------------

[Table 5: Discounted 20 year LAAS Benefits Assuming Installation in
Order of Individual Airport Benefit, 100% WAAS Equipage; Passenger Value
of Time, by Airport]{.smallcaps}

  ----------- ------------ ----------- ------------ ----------- ------------
  **Airport   **PVT        **Airport   **PVT        **Airport   **PVT
  ID**        Benefit**    ID**        Benefit**    ID**        Benefit**

  **ABQ**     \$ 2,561,000 **FAI**     \$ 2,713,000 **OKC**     \$ 5,535,000

  **ACK**     \$ -         **FAT**     \$ 1,128,000 **OMA**     \$ 1,868,000

  **AFW**     \$ 11,000    **FLL**     \$ 2,300,000 **ONT**     \$ 626,000

  **ALB**     \$ 7,742,000 **FWA**     \$ 1,406,000 **ORD**     \$
                                                                28,318,000

  **ANC**     \$ 9,219,000 **FXE**     \$ -         **ORF**     \$ 4,982,000

  **ATL**     \$           **GEG**     \$ 6,820,000 **PBI**     \$ 1,036,000
              17,478,000                                        

  **AUS**     \$ 3,041,000 **GRR**     \$ 7,149,000 **PDX**     \$ 5,206,000

  **AVL**     \$ 2,332,000 **GSO**     \$ 8,253,000 **PHL**     \$
                                                                12,432,000

  **BDL**     \$ 4,803,000 **GSP**     \$ 2,179,000 **PHX**     \$ 1,187,000

  **BFI**     \$ 119,000   **HNL**     \$ 123,000   **PIE**     \$ 164,000

  **BGR**     \$ 1,195,000 **HOU**     \$           **PIT**     \$
                                       15,092,000               10,831,000

  **BHM**     \$ 1,933,000 **HPN**     \$ 1,450,000 **PVD**     \$ 5,397,000

  **BNA**     \$ 2,026,000 **HSV**     \$ 489,000   **RDU**     \$
                                                                12,123,000

  **BOI**     \$ 3,137,000 **IAD**     \$           **RFD**     \$ 101,000
                                       15,556,000               

  **BOS**     \$           **IAH**     \$ 3,866,000 **RIC**     \$ 3,348,000
              16,770,000                                        

  **BUF**     \$ 5,312,000 **ICT**     \$ 2,417,000 **RNO**     \$ 464,000

  **BUR**     \$ 329,000   **ILN**     \$ -         **ROC**     \$ 2,212,000

  **BWI**     \$           **IND**     \$ 3,098,000 **RSW**     \$ 5,410,000
              12,324,000                                        

  **CAE**     \$ 2,694,000 **JAN**     \$ 885,000   **SAN**     \$ -

  **CHA**     \$ 784,000   **JAX**     \$ 6,268,000 **SAT**     \$ 5,419,000

  **CHS**     \$ 3,829,000 **JFK**     \$           **SDF**     \$ 419,000
                                       13,874,000               

  **CLE**     \$           **JNU**     \$ -         **SEA**     \$ 6,191,000
              17,016,000                                        

  **CLT**     \$           **LAS**     \$ 4,562,000 **SFB**     \$ 303,000
              26,626,000                                        

  **CMH**     \$ 6,733,000 **LAX**     \$           **SFO**     \$ 4,922,000
                                       12,769,000               

  **COS**     \$ 4,768,000 **LCK**     \$ -         **SHV**     \$ 909,000

  **CVG**     \$           **LGA**     \$           **SJC**     \$ 4,123,000
              13,200,000               12,389,000               

  **DAB**     \$ 426,000   **LGB**     \$ 1,361,000 **SLC**     \$ -

  **DAL**     \$ 4,392,000 **LIT**     \$ 1,421,000 **SMF**     \$ 6,606,000

  **DAY**     \$ 3,066,000 **MCI**     \$ 5,405,000 **SNA**     \$ 1,367,000

  **DCA**     \$ 221,000   **MCO**     \$ 1,887,000 **STL**     \$
                                                                15,732,000

  **DEN**     \$           **MDT**     \$ 2,478,000 **SWF**     \$ 527,000
              17,594,000                                        

  **DFW**     \$ 8,812,000 **MDW**     \$ 3,866,000 **SYR**     \$ 2,448,000

  **DLH**     \$ 955,000   **MEM**     \$ 6,889,000 **TEB**     \$ 345,000

  **DSM**     \$ 3,304,000 **MHT**     \$ 5,526,000 **TLH**     \$ 4,558,000

  **DTW**     \$           **MIA**     \$ 2,118,000 **TPA**     \$ 2,607,000
              13,852,000                                        

  **DVT**     \$ -         **MKE**     \$           **TRI**     \$ 1,241,000
                                       12,060,000               

  **ELP**     \$ 40,000    **MMU**     \$ -         **TUL**     \$ 2,363,000

  **EUG**     \$ 2,381,000 **MSP**     \$           **TUS**     \$ 212,000
                                       11,409,000               

  **EWR**     \$ 8,988,000 **MSY**     \$ 5,888,000 **TYS**     \$ 2,059,000

  **EYW**     \$ -         **OAK**     \$ 962,000   **VNY**     \$ 229,000
  ----------- ------------ ----------- ------------ ----------- ------------

# 

[^1]: Installations take place beginning at each IOC date, and at the
    previously agreed rate of 24 per year

[^2]: Detailed information on the methodology used for each of these
    analyses can be found in the "Analysis of the Potential Incremental
    Benefits from LAAS -- Preliminary Findings" document delivered
    February 25, 2004.