Traditionally, the air transport sector--airlines, airports, and air navigation services--has been in state hands. The private sector became involved in the sector only recently, beginning with the airlines. Privatization of airport infrastructure and private sector participation in air navigation are also at an early stage. The air transport sector will require large capital investments over the next fifteen years to modernize aircraft fleets, improve airport infrastructure, introduce more sophisticated air navigation systems, and meet the demand of new markets. There is no doubt that governments will be unable to fund all necessary investments, and that the private sector will therefore play an increasing role in meeting the sector's needs. Table 1 in this Note presents three options of private sector participation in airports. Table 2 presents two options most suitable for transferring airport activities to the private sector. The Note also outlines cases of airport privatization in Colombia, Jamaica, Canada, and Northern Ireland.
Information
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Auteur
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Date du document
1996/06/30
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Type de document
Point de vue
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Numéro du rapport
16941
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Volume
1
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Total Volume(s)
1
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Pays
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Région
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Date de publication
2018/01/01
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Disclosure Status
Disclosed
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Titre du rapport
Privatizing airports - options and case studies
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Mots clé
Denationalization; Air transport; Transport infrastructure; Private sector; Air traffic; Airports; Government ownership; Divestiture; Northern Ireland
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