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Airport privatisation: A successful journey?

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  • Graham, Prof Anne

Abstract

It is now over 30 years since the first airport privatisation occurred with BAA in the UK in 1987. Therefore, the aim of this paper is to assess the impacts of this development and evaluate its effectiveness, using examples from all over the world. It begins by considering some key issues such as the extent of government involvement; the selection of operator/investor; the choice of network/group versus individual operations; and the relevance of economic regulation. This then leads on to an investigation of measures of success, particularly in relation to efficiency and service quality. Reflecting on the privatisation journey, the paper defines key changes that have occurred concerning how privatisation is considered now compared to its early days in terms of motivation, geographical reach and type of model, investor and sale. It also highlights the importance of the regulatory and competitive environment and briefly considers the impact of the coronavirus pandemic in 2020.

Suggested Citation

  • Graham, Prof Anne, 2020. "Airport privatisation: A successful journey?," Journal of Air Transport Management, Elsevier, vol. 89(C).
    • Handle: RePEc:eee:jaitra:v:89:y:2020:i:c:s0969699720305135
    DOI: 10.1016/j.jairtraman.2020.101930
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    4. Oscar Díaz Olariaga & Carlos Alonso‐Malaver, 2022. "Impact of airport policies on regional development. Evidence from the Colombian case," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(6), pages 185-210, December.
    5. Mauro Caetano & Evandro José Silva & Diogo José Vieira & Cláudio Jorge Pinto Alves & Carlos Müller, 2022. "Criteria prioritization for investment policies in General Aviation aerodromes," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(6), pages 211-233, December.
    6. Randrianarisoa, Laingo M. & Oum, Tae Hoon & Yu, Chunyan, 2023. "Corruption and airport efficiency: A study on Asian airports," Transport Policy, Elsevier, vol. 130(C), pages 46-54.
    7. Brito, Igor R.S. & Oliveira, Alessandro V.M. & Dresner, Martin E., 2021. "An econometric study of the effects of airport privatization on airfares in Brazil," Transport Policy, Elsevier, vol. 114(C), pages 338-349.
    8. Valdes, Victor & Corzo, Oscar & Canfield, Carlos, 2024. "Airport incentive regulation in practice," Journal of Air Transport Management, Elsevier, vol. 117(C).

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