Airport Privatization

Issues Related to the Sale of U.S. Commercial Airports Gao ID: T-RCED-96-82 February 29, 1996

Congress and the aviation industry have expressed much interest in airport privatization. Altering the current ownership and operation of commercial airports could affect the nation's aviation system considerably. Airports are major employers in many communities and directly affect millions of airline passengers every day. This testimony discusses (1) the current extent of private sector participation at commercial airports in the United States and abroad; (2) the incentives and the impediments to more-extensive forms of privatization, such as selling an airport outright; and (3) the implications arising from more-extensive privatization for major stakeholders, such as passengers, airlines, and government.



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