Airport Infrastructure : The Emerging Role of the Private Sector Book

Drawing on extensive interviews with airport authorities in both developed and developing countries, this report analyzes the current ownership and management structure and describes the privatization techniques used. It describes the growing importance of air transportation within the framework of other infrastructure, the types of ownership and management structures of airports, the privatization techniques used and their experiences, the financial performance of selected airports, the regulatory environment, and the external challenges. A central finding of this report is that among the five different ownership structures, there is no single model that has emerged in promoting efficiency and competition. The analysis presented in this technical paper is intended to provide political leaders, policy makers, and the broader development community a clearer picture of the complexities of the world ' s changing airport ownership structure and the benefits achieved under each institutional structure.