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Privatizing Airports

File Language:
English


Details

  • Creators:
    Poole, Robert W.
  • Subject/TRT Terms:
  • Resource Type:
    Journal Article
  • Geographical Coverage:
    United States
  • TRIS Online Accession Number:
    00618746
  • Corporate Publisher:
    Reason Foundation
  • Abstract:
    In enacting the Airline Deregulation Act of 1978, Congress freed up the airlines to compete and grow, but left the essential infrastructure--the airports and air traffic control (ATC) system--in their static, bureaucratic pre-deregulation condition. The result is a growing set of problems, most notably delays, congestion, and questions about safety levels. This paper discusses the following: (I) the need for more capacity at U.S. airports, fostering competition at hubs, and freeing up cities' capital; (II) Types of airport privatization, including (1) contracting out of service delivery to a private firm, (2) long-term franchising of a firm or consortium to finance, build, and operate a new facility (with ownership eventually reverting to government), and (3) sale of government enterprise to private owners, to be operated henceforth as a private business; (III) Turning airports into businesses; (IV) Privatization of major hubs; and (V) Recommendations for a national policy. 23 p.
  • Format:
    PDF
  • Collection(s):
  • Main Document Checksum:
    urn:sha-512:cdcf3b02a56187b44a31a8e6876985a32f8acf60fef99eeed2b3af386b155b26fe3e5abf8b3e24c0ecf27d7adddf522d74bb96121a96bc2dc95df2c26d461e6d
  • Download URL:
  • File Type:
    Filetype[PDF - 108.46 KB ]
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