AIRPORT PRIVATIZATION: FULL DIVESTITURE AND ITS ALTERNATIVES
Deficit politics, airline deregulation, and the prospect of a windfall of cash has prompted many local units of government that own and operate airports to consider selling or leasing these facilities to private investors. Airport privatization has emerged as a contentious issue, with weighty arguments on both sides of the debate. This article examines these arguments and presents several models of airport privatization. The authors suggest that the most aggressive form of privatization -- full divestiture -- is unlikely to produce the benefits advertised by its proponents. However, less radical forms of privatization serve as useful models for future airport ownership and operation. The authors conclude that, given the great variation in the types of airports in the U.S. system, no single model is sufficient.
-
Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/1316083
-
Corporate Authors:
Policy Studies Organization
University of Illinois, 361 Lincoln Hall
Urbana, IL United States 61801 -
Authors:
- Truitt, L J
- Esler, M
- Publication Date: 1996
Language
- English
Media Info
- Pagination: p. 100-110
-
Serial:
- Policy Studies Journal
- Volume: 24
- Issue Number: 1
- Publisher: Blackwell Publishing
- ISSN: 0190-292X
- EISSN: 1541-0072
- Serial URL: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1541-0072
Subject/Index Terms
- TRT Terms: Airport operations; Finance; Private carriers; Privatization
- Old TRIS Terms: Private operators
- Subject Areas: Aviation; Finance; Terminals and Facilities;
Filing Info
- Accession Number: 00723329
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 25 1996 12:00AM