Is Airport Privatisation And Corporatisation Good For Industry And Consumers?
It is no secret that the airline industry is confronted by a crisis of infrastructure. As passenger traffic has bloomed, well above long term growth rates in recent years, the level of congestion at many of the world’s major airports has seemingly reached tipping point. Governments are rarely prepared to fund new expansion, even where environmental pressures allow it. So, seeking private funding appears to be the solution. But striking a balance between attracting private financing and achieving national economic goals has become a seemingly intractable problem.
• Positive/negative impacts of airport privatisation
• Often natural monopolies, will airports always be regarded as a desirable asset?
• What form should regulation take, in order to strike a balance between national and private interests?
• What ownership models deliver the best economic outcomes and value for airport customers – both airlines and travellers?
• What are the alternative ownership models to privatisation?
• What do governments need to consider when deciding whether airports should be privatised?
• Taxation: raising revenue for infrastructure vs encouraging connectivity and trade