Discuss the Benefit of Globalization of Airport Industry
Synopsis
This report discusses about the benefit of globalization of airport industry. This report has two part,first one conducts the literature review which introduces the consequences of privatization and internationalization of the airport industry. And also introduces about how the benefit effect on airport companies,airlines and passengers. The second part analyses about how globalization effect on Shanghai Airport Authority which owns 2 airports in Shanghai. It is mainly focused on 2 points,define and analyse globalization effects air freight traffic and introduce the development of airport based city. 2. Introduction
Globalization,in its most literal sense,is the process of making,transformation of things or phenomena into global ones. It can be described abstractly as a process by which the people of the world are unified into a single society and function together. Airports are increasingly becoming global businesses. Some companies own or manage airports in different countries around the world. The privatisation of airports,or the contracting out of airport management to private companies,is acceleratingthe trend. The major players are moving to gain a foothold in more and more markets. The impact of this process of globalisation and concentration is not always positive for workers, for passengers or for the airlines which use these airports.
China and India are large exporters and importers. They both have large and growing domestic aviation markets to facilitate their production of goods to sell in the international market,and also have rapidly growing flows of international air traffic. Certainly, from the projections of the main airframe manufacturers, there is a feel that they will continue to provide continuing and expanding markets for their products. China's rapid industrialization, and in particular the development of its manufacturing industries, has also led to a massive growth in its use of air cargo but to export commodities, but
This report discusses about the benefit of globalization of airport industry. This report has two part,first one conducts the literature review which introduces the consequences of privatization and internationalization of the airport industry. And also introduces about how the benefit effect on airport companies,airlines and passengers. The second part analyses about how globalization effect on Shanghai Airport Authority which owns 2 airports in Shanghai. It is mainly focused on 2 points,define and analyse globalization effects air freight traffic and introduce the development of airport based city. 2. Introduction
Globalization,in its most literal sense,is the process of making,transformation of things or phenomena into global ones. It can be described abstractly as a process by which the people of the world are unified into a single society and function together. Airports are increasingly becoming global businesses. Some companies own or manage airports in different countries around the world. The privatisation of airports,or the contracting out of airport management to private companies,is acceleratingthe trend. The major players are moving to gain a foothold in more and more markets. The impact of this process of globalisation and concentration is not always positive for workers, for passengers or for the airlines which use these airports.
China and India are large exporters and importers. They both have large and growing domestic aviation markets to facilitate their production of goods to sell in the international market,and also have rapidly growing flows of international air traffic. Certainly, from the projections of the main airframe manufacturers, there is a feel that they will continue to provide continuing and expanding markets for their products. China's rapid industrialization, and in particular the development of its manufacturing industries, has also led to a massive growth in its use of air cargo but to export commodities, but