What Newton & Associates does

Newton & Associates, Inc. (NAI) is a privately held aviation consulting firm founded in 1990 in Charlotte, North Carolina, by Nancy Newton (President and CEO) and Frank C. Newton, Jr., Esq. (Senior Vice President). The firm is a family-run boutique consultancy with a small team of 1-10 employees — principally Frank C. Newton, Jr., Frank C. Newton III (Vice President), Amos Woods, Jr. (Senior Consultant/Accountant), and Deborah N. Zufall (Senior Consultant) — collectively bringing decades of direct experience as former airport managers, airline executives (Eastern Airlines), and municipal finance professionals.

The firm provides professional services exclusively to airport operators and government aviation authorities throughout the United States and the Caribbean. Core service lines include financial feasibility studies for bond issuances, airline and tenant lease/use-agreement negotiations, Passenger Facility Charge (PFC) application development and administration, rates-and-charges analysis, capital improvement program planning, concessions and FBO development, and Master Plan financial chapters. The firm has supported the issuance of nearly $1.4 billion in airport bonds, $1.6 billion in approved PFCs, and over $850 million in Airport Revenue Bonds across more than 50 airports, including Charlotte Douglas International, Philadelphia International, Nashville International, and San Juan International.

Newton & Associates operates on a project-based professional services model with fees scoped per engagement and typically structured as multi-year contracts. The firm holds Disadvantaged Business Enterprise (DBE) certification in eight states and Small Business Enterprise (SBE) certification with the City of Charlotte and NCDOT, providing procurement advantages in public-sector airport work. New business is generated through industry association memberships (ACI-NA, AAAE, SEC-AAAE, FAC, NCAA, SCAA), long-tenured client relationships, and a long-running on-site consulting presence at Charlotte Douglas International Airport established in 2000. There are no disclosed funding events, acquisitions, software products, or technology platform offerings — the offering is human capital and domain expertise.

Name

Newton & Associates

Legal name

Newton & Associates, Inc.

Website

https://newtonandassociates.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Newton & Associates is a Charlotte-based, family-owned aviation consulting firm providing financial feasibility studies, bond and PFC support, airline negotiations, and strategic planning services to airport operators and government aviation authorities across the United States and the Caribbean.

Ownership category

akta.pro rank

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Airport Financial & Management Consulting: Professional consulting services provided to airports including financial feasibility studies, airline negotiations, bond feasibility analyses, PFC applications, and strategic planning. Revenue is generated through consulting engagements with airport clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Newton & Associates provides aviation industry consulting to airport operators and government aviation authorities. Core offerings include financial feasibility studies, airline and tenant negotiations, bond feasibility analyses, passenger facility charge (PFC) applications, concessions planning, rates and charges analyses, capital improvement program planning, and strategic planning. Services are delivered as project-based professional engagements by a small team of aviation consultants.

Product overview

Newton & Associates, Inc. (NAI) is an aviation industry consulting firm founded in 1990 by Nancy Newton (President and CEO) and Frank Newton, Jr. (Senior Vice President). The company offers a broad range of consulting services to support airport development and growth, including financial and management consulting, airline negotiations, feasibility studies, bond feasibility analyses, concessions planning, passenger facility charge programs, and strategic planning. NAI serves airports throughout the United States and the Caribbean. The company does not offer discrete software products; its offerings consist entirely of professional consulting services delivered by its staff of aviation industry consultants.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial & Management Consulting for Airports
• Airline and Tenant Negotiations
• Airport Bond Financial Feasibility Studies
• Passenger Facility Charge (PFC) Application Services
• Concessions Planning and Development
• Rates and Charges Analysis
• Strategic and Master Plan Financial Analysis
• Fixed Base Operator (FBO) Consulting
• Capital Improvement Program and FAA Benefit Cost Analysis

Quantifiable outcome

• Supported issuance of nearly $1.4 billion in airport bonds
• +5 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Airports Council International - North America (ACI-NA)coreOthersActive membership in ACI-NA, a key industry association for airports in North America. Membership provides networking opportunities, industry intelligence, and visibility within the airport consulting community.
• American Association of Airport Executives (AAAE)coreOthersActive membership in AAAE, the primary professional association for airport executives. Also member of Southeastern Chapter (SEC-AAAE).
• Florida Airports Council (FAC)minorOthersMembership in Florida Airports Council supporting airport industry engagement in the Florida region.
• North Carolina Airports Association (NCAA)minorOthersMembership in North Carolina Airports Association supporting regional airport industry engagement.
• South Carolina Airports Association (SCAA)minorOthersMembership in South Carolina Airports Association supporting regional airport industry engagement.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mead & Hunt: Mid-sized engineering and planning consultancy with an established aviation practice offering airport financial feasibility, rate-setting, and master planning services that closely mirror Newton's offerings.
• C&S Companies: Engineering and planning consultancy with an aviation practice delivering airport financial feasibility studies, master plans, and PFC program support to airport clients.
• Landrum & Brown: Airport planning and consulting firm with deep overlap in airport financial feasibility, master plan financial chapters, and airline negotiations; serves a similar airport authority customer base.
• LeighFisher (ICF): Long-standing aviation consulting practice (now part of ICF) providing airport financial and management advisory services; directly comparable service lines around bond feasibility, airline use agreements, and strategic planning.
• Delta Airport Consultants: Aviation-focused consulting and engineering firm providing airport financial planning, bond feasibility, and strategic advisory work to municipal and regional airports across the US.
• Ricondo & Associates: Aviation-focused consulting firm advising airports on financial feasibility, bond support, airline negotiations, PFC and rates-and-charges work - directly overlapping Newton & Associates' core services across a similar client set.
• Unison Consulting: Boutique airport financial consulting firm specializing in PFC program management, bond feasibility, and airline rates & charges - a near-direct niche peer to Newton & Associates.

Broad incumbents

• Kimley-Horn: Large national consultancy with an aviation practice delivering airport financial planning, PFC, and rate-setting studies alongside broad infrastructure capabilities - broader scope but overlapping service lines.
• AECOM: Global infrastructure consultancy with a major aviation advisory practice serving airports on financial, planning, and program-management work - competes for the same clients at a much larger scale.
• Jacobs Solutions: Large professional services firm with a transportation/aviation practice offering airport advisory, financial, and program management services that overlap with Newton's niche.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newton & Associates