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Abstract:
Since many decades, the airports remained public monopolies with large economies of scale. Only recently and after the privatization, airports come under economic regulation. Particularly, during last few decades the nature of the airport industry has undergone a change. The corporate planning and management challenges objectives have been adopted by almost all airports worldwide including especially airports in Europe. Aiming at the business development of European airports management and business challenges objectives, various effective regulation and different types of privatization have been dynamically encouraged by public authority with the informed and planned aim of increasing airport business performance and management. A conceptual decision-making framework is depicted that links airport different ownerships and airport business performance and management challenges. To develop this framework all the economic and social objectives for well-functioning air transportation infrastructure are considered, a tool available to stakeholders and decision makers.
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