Success factors for the privatisation of airports—an airline perspective
Peter Gerber
Journal of Air Transport Management, 2002, vol. 8, issue 1, 29-36
Abstract:
This article examines different approaches to airport privatisation. It shows that privatisation can only be a success when government provides a suitable regulatory framework prior to privatisation. This framework must protect the interests of the consumer and ensure the participation of airlines as primary users in the privatisation project, thus establishing a solid basis for a strong partnership between the airlines and the airport. To accomplish this, the monopoly income of an airport should be subject of a price cap mechanism following the single till principle, best being set up in cooperation with the airlines and controlled by an independent regulator.
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:8:y:2002:i:1:p:29-36
DOI: 10.1016/S0969-6997(01)00037-0
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