Overview: Aviation Privatization in Europe, African and Asian Countries

PUBLIC SECTOR ACCOUNTING
(PSA 521)

OVERVIEW OF AVIATION PRIVATIZATION IN EUROPE, AFRICAN AND ASIAN COUNTRY

PREPARED BY:
NUR IZZAH IWANI BT IBRAHIM@ABD RAHMAN 2010554633
NURUL HARYANIE BT MISRAN 2010572197
WANDEE BT JAMIL 2010558697 GROUP : AC220 8B

PREPARED FOR :
ASSOCIATE PROFESSOR DR. ASMAH ABDUL AZIZ
PERSONAL BIOGRAPHY

NUR IZZAH IWANI BT IBRAHIM @ ABD. RAHMAN 2010554663

NURUL HARYANIE BT MISRAN 2010572197

WANDEE BT JAMIL 2010558697

Contents

ABSTRACT 3 KEYWORDS 3 INTRODUCTION 4 OVERVIEW OF AVIATION PRIVATIZATION IN EUROPE, AFRICAN AND ASIAN COUNTRIES 5 Argentina – Its pitfall and the problems behind it 5 Turkey – A Privatization through BOT 7 Kenya Airways – A Successful Story 9 Malaysian Airlines Considering Privatization 10 Germany-Fully privatized and partially privatized 12 Privatization in United Kingdom 14 IMPLICATION OF PRIVATIZATION 16 RECOMMENDATIONS 17 REFERENCES 18

ABSTRACT
This paper focuses on the privatization of airports in six different countries which are Argentina, Turkey, Germany, United Kingdom, Malaysia and Kenya. The analysis aims to highlight the objectives, implementation and the government rules towards privatization of airports. This paper also aims to identify to what degree privatization contributes to or enhances the performance of the airports. The study measures the change in any given indicator of performance whether the privatization on the airports are successful or not. For each country, privatization occurred by fully privatized or partially privatized with residual public ownership. Moreover, the study also stress on the implication of privatization towards the countries. One of the implication is it will reduce burden of the government to bear high expenses. Privatization programme also invented so that it can contribute towards growth and development of economy. In addition, this paper

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