The Airport Business

In the 1950s and 1960s airports were seen as an inconsequential arm ofgovernment. Over the past twenty years however it has become apparent thatairports can be ... » 

In the 1950s and 1960s airports were seen as an inconsequential arm ofgovernment. Over the past twenty years however it has become apparent thatairports can be run as successful and profitable businesses. Until now therehas been no defined economic theory within the industry.The Airport Business provides an overview of the field examining patterns ofownership and control of the worlds largest airports. Rigas Doganis covers thekey issues which will affect airport managers during the 1990s such asprivatization the growing shortfall in airport capacity and the need todevelop new and innovative sources of finance.Doganis analyzes the traditional cost and revenue systems that have developedfor aircraft landing fees and passenger charges. He compares this with morerecent structures such as marginal as opposed to average cost pricing. Theneed for a commercial strategy and the question of how to maximize airportrevenue from the various airport activities are also discussed.The Airport Business is international in scope. There is a separate chapterdevoted to systems practiced in the US and a chapter on the difficultiesexperienced in the Third World. As the airport industry continues to grow TheAirport Business offers insight on how to overcome the major economic andfinancial problems it will confront in the 1990s. «