Provides airport sponsors with guidance on filing FAA Form 5100-126, Financial Governmental Payment Report, and FAA Form 5100-127, Operating and Financial Summary. Announces changes to the FAA's financial reporting program and to Form 5100-127.

See also Airport Financial Reporting Program.

Provides basic information about the FAA's prohibition on the granting of exclusive rights at federally-obligated airports. This prohibition is one of the obligations assumed by the airport sponsors of public airports that have accepted federal assistance, either in the form of grants or property conveyances. This AC cancels AC 150/5190-5 (Change 1), Exclusive Rights and Minimum Standards for Commercial Aeronautical Activities, dated June 10, 2002.

Provides basic information about the FAA's recommendations on commercial minimum standards and related policies. Although minimum standards are optional, the FAA highly recommends their use and implementation as a means to minimize the potential for violations of Federal obligations at federally obligated airports. This AC cancels AC 150/5190-5 (Change 1), Exclusive Rights and Minimum Standards for Commercial Aeronautical Activities, dated June 10, 2002.