Regulation of commercialized state-owned enterprises: case study of South African airports and air traffic and navigation services
Victor Prins and
Paul Lombard
Journal of Air Transport Management, 1995, vol. 2, issue 3, 163-171
Abstract:
The purpose of this paper is to discuss the regulatory framework pertaining to the recently commercialized State airports and air traffic and navigation services in South Africa. The need for regulation of these companies is reviewed briefly, as well as the supporting legal and policy framework that was put into place before commercialization. The basic process, time frame and interaction concerning regulation are presented. The two main aspects of regulation, namely economic regulation and the regulation of service standards, are also discussed. The various mechanisms for economic regulation are given, followed by a discussion on the service standards that were identified for regulation, and the monitoring procedure. Finally, experiences with the process to date are summarized.
Keywords: regulation; commercialized; state-owned enterprises; South African airports; air traffic and navigation services (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:2:y:1995:i:3:p:163-171
DOI: 10.1016/0969-6997(96)00002-6
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