Airport Privatization: Issues Related to the Sale or Lease of U.S. Commercial Airports
RCED-97-3
Published: Nov 07, 1996. Publicly Released: Nov 07, 1996.
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Highlights
Pursuant to a congressional request, GAO reviewed issues relating to airport privatization in the United States, focusing on: (1) the extent of private sector participation at commercial airports in the United States and foreign countries; (2) incentives and barriers to the sale or lease of airports; and (3) the potential implications for major stakeholders, such as the passengers, airlines, and local, state, and federal governments, should airports be sold or leased.
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Air transportationAirlinesAirportsBonds (securities)Budget receiptsCapitalCommercial aviationLocal governmentsPrivatizationState governmentsTransportation policies