The evolution of airport ownership and governance |
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Authors: | David Gillen |
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Institution: | Sauder School of Business, Centre for Transportation Studies, University of British Columbia, Vancouver, Canada;School of International Business,University of Applied Sciences,Werderstr. 73, 28199 Bremen,Germany;InterVISTAS Consulting,1200 West 73rd Avenue,Vancouver, B.C.,Canada V6P 6G5 |
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Abstract: | This presentation examines the evolution of airport governance from public utility to modern business. I also briefly look at airport regulation and in this context ask the questions, do airports need to be regulated and if so, why? I consider the new thinking on two-sided platforms and examine whether this may be the new way of thinking about governance. In judging governance structures and regulation, I argue that dynamic efficiency has been underemphasized in the debate over privatization and that airline deregulation has been most important in shifting the balance of power between airlines and airports. |
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