Airport partial and full privatization in a multi-airport region: Focus on pricing and capacity

This paper studies the capacity and pricing choice of two congestible airports in a multi-airport metropolitan region, under transition from a pure public, centralized airport system to partial or full privatization. The authors develop analytical models to investigate three privatization scenarios: public–private duopoly, private–private duopoly, and private monopoly. They find that, airports follow the same capacity investment rule as prior to privatization when capacity and pricing decisions are made simultaneously. Pricing rule after privatization becomes more complicated, with additional factors having an upward effect on the privatized airport(s) and a downward effect on the remaining public airport.

• Record URL:
  • https://doi.org/10.1016/j.tre.2015.02.012
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S1366554515000459
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Noruzoliaee, Mohamadhossein
  • Zou, Bo
  • Zhang, Anming
• Publication Date: 2015-5

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: pp 45-60
• Serial:
  • Transportation Research Part E: Logistics and Transportation Review
  • Volume: 77
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 1366-5545
  • Serial URL: http://www.sciencedirect.com/science/journal/13665545

Subject/Index Terms

• TRT Terms: Airport capacity; Airports; Choice models; Pricing; Privatization; Public private partnerships
• Subject Areas: Aviation; Finance; Terminals and Facilities; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01561503
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 27 2015 9:49AM