IDEAS home Printed from https://ideas.repec.org/a/aza/jam000/y2007v2i1p38-55.html
   My bibliography  Save this article

Airport planning in free market regimes

Author

Listed:
  • Werson, Mick
  • Burghouwt, Guillaume

Abstract

The ongoing liberalisation of air transport and increasing commercialisation of the airport industry results in a more competitive environment and growing uncertainty with regard to what kind and size of airport facilities are required and when. This means an increased risk of capacity mismatches and destruction of economic value. At the same time, the changing airport ownership models require maximal value creation while airlines expect airport efficiency. Due to changing air transport and airport market regimes, physical planning of airports must be (more) adaptive. In unpredictable commercial markets, company plans must also be proactive and aimed at value creation. The authors conclude that an integrated approach between physical planning and strategic and business planning is practically non-existent. They illustrate strong interdependencies between separate planning disciplines and propose a more integrated, value-based planning approach, which addresses economic choices embedded in master planning.

Suggested Citation

  • Werson, Mick & Burghouwt, Guillaume, 2007. "Airport planning in free market regimes," Journal of Airport Management, Henry Stewart Publications, vol. 2(1), pages 38-55, September.
    • Handle: RePEc:aza:jam000:y:2007:v:2:i:1:p:38-55
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/2565/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/2565/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michael Brandau & Christoph Endenich & Andreas Hoffjan & Florian Müller, 2014. "Zum Einfluss der Entgeltregulierung auf die Unternehmenssteuerung–Eine empirische Analyse europäischer Großflughäfen," Schmalenbach Journal of Business Research, Springer, vol. 66(3), pages 242-268, May.

    More about this item

    Keywords

    airport (master) planning; flexible strategic planning; airport economics; air transport commercialisation;
    All these keywords.

    JEL classification:

    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jam000:y:2007:v:2:i:1:p:38-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.