Pre-Funding Opportunities for Italian Airport Infrastructures in Light of a Benchmarking Analysis of International Airports Charges

Davide Quaglione and Felice Simonelli

L'industria, 2012, issue 4, 607-634

Abstract: The evolution of the Italian airport sector needs a clear-cut discontinuity from the past,without which it is unlikely that the objective of seizing the socio-economic opportunitiesrelated to the expected increase in air traffic for the coming years will be achieved. A moresystemic vision of the sector, together with a consistent economic regulation are indispensable elements in order to foster, where necessary, new infrastructures deployment. In this work we argue that, keeping the current single till regime, the introduction of forms of investments prefunding represents the only viable approach for airports to gather the required financial resources. The benchmarking analysis we present shows that the Italian airport charges are well below those paid to the main foreign airports. Hence, there are margins for an adjustment of the national airport charges, through which a substantial amount of resources to be put towards infrastructures prefunding can be generated.

Keywords: Airports; Airport Charges and Fees; Benchmarking Analysis; Pre-Funding of Infrastructural Investments; Single and Dual Till (search for similar items in EconPapers)
Date: 2012
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