International airports: financing methods in Japan

Kazuhiro Ohta

Journal of Air Transport Management, 1999, vol. 5, issue 4, 223-234

Abstract: Capacity shortages at international airports in Japan are the most serious impediment to liberalization and free competition in international aviation. Here, we deal with the causes of this shortage, Japanese institutional systems of airport improvement and new financing methods for international airport capacity expansion in metropolitan areas. We emphasize the effectiveness of the joint-stock corporation system as a financial device. The introduction of the joint-stock corporation is one kind of airport privatization, but its characteristics completely differ from those of privatized airports in some European countries and in New Zealand.

Keywords: Privatization; Airport financing; Joint-stock corporations; International airports (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:5:y:1999:i:4:p:223-234

DOI: 10.1016/S0969-6997(99)00016-2

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