A study on the Effect of Airport Privatization and Airport Revenue

공항민영화의 효과와 공항수익에 관한 연구;세계 주요공항의 운영 유형 변화를 중심으로

The term "Privatization" has a different meaning in different contexts and cultures. In this paper, the term "Privatization" in the context of airports is defined as the movement of an entity from the government sector to the private sector. This is the definition that is commonly employed in the U.S. Airport revenue can he divided into two sub-categories of aeronautical revenue and non-aeronautical revenue. At many of the major international airports, however, non-aeronautical revenue has been growing faster than the aeronautical revenue, contributing an increasingly larger share of the total revenue. And the best way to enhance simultaneously the airport operations. With the remarkable growth in the air traffic volume of pssengers and cargo. more and more mega-international airports have been built or are under construction. As the air transport demand is expected to increase at an even greater rate in the 21st century, new types of airports which will be free of current major problems. such as airport congestion and flight delays are badly needed.