UK regional airport commercialisation and privatisation: 25years on

Stephen Ison, Graham Francis, Ian Humphreys and Richard Page

Journal of Transport Geography, 2011, vol. 19, issue 6, 1341-1349

Abstract: It has been 25years since the UK was the first country to begin the process of commercialising and privatising its airports. The purpose of this paper is to revisit the UK Government’s stated aims with respect to commercialisation and privatisation, namely to “encourage enterprise and efficiency in the operation of major airports…[and that]…air transport facilities should not in general be subsidised by the taxpayer…[and they] should normally operate as commercial undertakings.” The authors of this paper consider the success of commercialisation and privatisation against these aims with respect to the 16 UK regional airports commercialised by the 1986 Airports Act part II. In addition, this paper considers the policy ramifications that have eventuated. The authors argue that many of the benefits may have been achievable by commercialisation alone.

Keywords: Airports; Commercialisation; Privatisation; Regulation (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:19:y:2011:i:6:p:1341-1349

DOI: 10.1016/j.jtrangeo.2011.06.005

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