Airport Privatization 2
Airport Privatization:
Introduction:
Airport plays a key role of air transport; it has a big impact on development of economics in a country. Freight passengers and cargo to any part of the world and it allows aircraft to land and take off. An airport has to have a proper infrastructure, which consists of runaways, taxiways, apron, terminal for arrival and departure of passengers, terminal for freight and ground interchange. It should have a wide range of facilities; lounge for passengers, shops and a food court. For safety and security it has to have an air traffic control to monitor all the incoming and outgoing flights to take off and land, security personnel requires for baggage checks, individual screening using metal detectors, and rules against any objects that may threat to passengers, staff and airport. A ground handling or a handling agent who addresses many services in an aircraft when it takes off and land plays a major role in an airport. Airport can bring a wealth, provide employment and help the stability of the community it served in social and economic development. Beforehand airport viewed as public utilities, owned by a national or local government operated by government or airport authority.
On this paper we will discuss the following: * Airport Commercialization/Privatization * Effect on Customer Service and Quality. * Effect on airline operating costs.
The three developments of airports sector: * Airport Commercialization
Is the transformation of an airport from a public utility to a commercially enterprise and adoption of a more businesslike or philosophy? * Airport Privatization
Transfer of management of an airport, as ownership to private sector by a variety of methods. These include share floatation, the adoption of strategic partnership or the introduction of private management contracts. * Airport Globalization
The emergence of a few global airport companies who are operating at an increasing number of airports
Introduction:
Airport plays a key role of air transport; it has a big impact on development of economics in a country. Freight passengers and cargo to any part of the world and it allows aircraft to land and take off. An airport has to have a proper infrastructure, which consists of runaways, taxiways, apron, terminal for arrival and departure of passengers, terminal for freight and ground interchange. It should have a wide range of facilities; lounge for passengers, shops and a food court. For safety and security it has to have an air traffic control to monitor all the incoming and outgoing flights to take off and land, security personnel requires for baggage checks, individual screening using metal detectors, and rules against any objects that may threat to passengers, staff and airport. A ground handling or a handling agent who addresses many services in an aircraft when it takes off and land plays a major role in an airport. Airport can bring a wealth, provide employment and help the stability of the community it served in social and economic development. Beforehand airport viewed as public utilities, owned by a national or local government operated by government or airport authority.
On this paper we will discuss the following: * Airport Commercialization/Privatization * Effect on Customer Service and Quality. * Effect on airline operating costs.
The three developments of airports sector: * Airport Commercialization
Is the transformation of an airport from a public utility to a commercially enterprise and adoption of a more businesslike or philosophy? * Airport Privatization
Transfer of management of an airport, as ownership to private sector by a variety of methods. These include share floatation, the adoption of strategic partnership or the introduction of private management contracts. * Airport Globalization
The emergence of a few global airport companies who are operating at an increasing number of airports
References: http://news.ninemsn.com.au/article.aspx?id=8198481 http://www.aerlines.nl/issue_34/34_Zakrewski_Performance_Scorecard.pdf http://fliiby.com/search.php?q=airport+economics&mode=1&type=all&page=3 http://www.aci-europe.org/upload/Challenges-Brochure_FINAL_lowres.pdf http://www.aci-europe.org/upload/ACI%20EUROPE%20Airport%20Ownership%20Report%202010%20LR.pdf http://en.wikipedia.org/wiki/Airports_Council_International http://smib.vuw.ac.nz:8081/www/ANZMAC2000/CDsite/papers/s/Sharp1.PDF