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TRB’s Airport Cooperative Research Program (ACRP) Report 66: Considering and Evaluating Airport Privatization addresses the potential advantages and disadvantages of implementing various approaches to airport privatization.
The possible sale or lease of commercial airports in the U.S. to private companies has generated considerable attention in recent years. Such cities as New York and Los Angeles have considered privatizing their airports. This report examines: the current extent of private sector participation at commercial airports in the U.S. and foreign countries; the current incentives and barriers to the sale or lease of airports; and the potential implications for major stakeholders, such as passengers, airlines, and local, state, and Fed. gov't's., should airports be sold or leased.
Presents a collection of research in management control and performance measurement. This book offers guidance for both academic researchers and managers as they work toward improving organizations.
Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice. Volume II assess application and policies.
Nearly all the 3,330 airports in the national airport system in the U.S. are publicly-owned and operated. However, some argue that the private sector could better fund and operate airports than public owners. GAO reported in 1996 that many barriers to full privatization existed in the U.S. In 1996, Congress created the Airport Privatization Pilot Program (APPP) which reduced some of the barriers to privatization. However, over the program's 18 years only two airports have privatized and one of them has reverted to public control. This report describes (1) the experience with the APPP; (2) challenges airport owners and investors face to full airport privatization; (3) the potential effects of airport privatization; and (4) reasons why airport privatization is more prevalent outside of the U.S., and stakeholder views on the APPP. Tables and figures. This is a print on demand report.
2011 Updated Reprint. Updated Annually. Global Privatization Laws and Regulations Handbook. Vol. 1 United States