Airport Business Models
1
Comprehensive
Review Of
Airport Business Models
BIMAL G R Marketing Manager Cochin International Airport limited
2
Introduction
This paper deals with the most pertinent thought in the minds of aviation experts , world over – The Best Business model of airports. There exists various business models in the planning, construction and operation of an airport in the world. The study analyses the various business models and try to ascertain the importance of a business model over the others with example of a new generation airport which is immensely profitable to the stakeholders. The major differences of that airport over the other airports in the country in terms of model of construction. Funding,operation and revenue sharing is mentioned in detail. Airport ,as being fully privately owned enterprise is a very important problem . There were a lot of discussions , dedicated to this problem ,which tried to examine and study experience of world practice of privatizing and shareholding of airports as one of means to increase effectiveness of work in conditions of market relations . Some countries cannot make airports being fully privately owned enterprises because they don 't have legal securing in governmental property of usage airports . Absences of legalized documents which give right of management by governmental property don 't give opportunity to attract foreign investors , limit development of non-aviation activity , and create a lot of other problems . In these conditions coordination of efforts in the country , forming of legal regulations and regulation of activity of aircraft companies ,airports and other organizations of this field , directed at guaranteeing of safety flights and protection of customers ' interests is very important . A new business model of Airport , PPI – Public –Private Investor model ( Peoples Airport Model ) which has proven to be the most
Comprehensive
Review Of
Airport Business Models
BIMAL G R Marketing Manager Cochin International Airport limited
2
Introduction
This paper deals with the most pertinent thought in the minds of aviation experts , world over – The Best Business model of airports. There exists various business models in the planning, construction and operation of an airport in the world. The study analyses the various business models and try to ascertain the importance of a business model over the others with example of a new generation airport which is immensely profitable to the stakeholders. The major differences of that airport over the other airports in the country in terms of model of construction. Funding,operation and revenue sharing is mentioned in detail. Airport ,as being fully privately owned enterprise is a very important problem . There were a lot of discussions , dedicated to this problem ,which tried to examine and study experience of world practice of privatizing and shareholding of airports as one of means to increase effectiveness of work in conditions of market relations . Some countries cannot make airports being fully privately owned enterprises because they don 't have legal securing in governmental property of usage airports . Absences of legalized documents which give right of management by governmental property don 't give opportunity to attract foreign investors , limit development of non-aviation activity , and create a lot of other problems . In these conditions coordination of efforts in the country , forming of legal regulations and regulation of activity of aircraft companies ,airports and other organizations of this field , directed at guaranteeing of safety flights and protection of customers ' interests is very important . A new business model of Airport , PPI – Public –Private Investor model ( Peoples Airport Model ) which has proven to be the most