Description: The Growing and Evolving Business of Private Participation in Airports : New Trends, New Actors Emerging

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The Growing and Evolving Business of Private Participation in Airports : New Trends, New Actors Emerging

Private sector management and financing of airports has continued to expand in developing countries. Long-term concessions for airports are the predominant model today, with governments often taking a minority shareholding in the venture. Careful...

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Bibliographic Details
Main Authors:	Andrew, Doug, Dochia, Silviu
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ADEQUATE CAPACITY AIR AIR SERVICES AIR TRANSPORT AIR TRAVEL AIRLINE AIRLINE DEREGULATION AIRLINES AIRPORT AIRPORT ASSETS AIRPORT BUSINESSES AIRPORT CONCESSION AIRPORT CONCESSIONS AIRPORT INFRASTRUCTURE AIRPORT REVENUES AIRPORT SECTOR AIRPORT SERVICES AIRPORT TARIFFS AIRPORTS BOT CAPACITY EXPANSION CARGO CONCESSION CONCESSION CONTRACTS CONCESSION FEES CONCESSION HOLDER CONCESSION MODEL CONCESSIONAIRE CONCESSIONS CONSTRUCTION DEREGULATION ECONOMIC GROWTH ECONOMIC VIABILITY FINANCIAL CLOSURE FINANCIAL RETURNS FIRMS FIXED ASSETS INFRASTRUCTURE ECONOMICS INFRASTRUCTURE SERVICES INTERNATIONAL ARBITRATION INVESTMENT OBLIGATIONS LANDING LEASE CONTRACTS LONG-TERM CONCESSIONS MANAGEMENT CONTRACTS NATURAL MONOPOLY NONGOVERNMENTAL ORGANIZATIONS OWNERSHIP OF ASSETS PASSENGER PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATIZATION PROJECT SPONSORS PUBLIC-PRIVATE PARTNERSHIPS REGIONAL AIRPORTS REGULATORY REGIME RUNWAY SPECIALIZED INFRASTRUCTURE SPONSORS SUB-SAHARAN AFRICA TAP TECHNICAL ASSISTANCE TERMINAL TERMINALS TRAFFIC TRAFFIC CONTROL TRANSPORT TRANSPORT PROJECTS
Online Access:	http://documents.worldbank.org/curated/en/2006/09/7091122/growing-evolving-business-private-participation-airports-new-trends-new-actors-emerging http://hdl.handle.net/10986/10726

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Summary:	Private sector management and financing of airports has continued to expand in developing countries. Long-term concessions for airports are the predominant model today, with governments often taking a minority shareholding in the venture. Careful attention to policy design, regulatory issues, and management of concessions will continue to be important in ensuring that private participation delivers efficient and effective airport infrastructure services.