airport privatization

Airport privatization involves transferring ownership or management of an airport from government control to private companies. This can help improve efficiency, boost investments, and enhance services through private sector expertise and innovation. The process may include selling the airport outright or leasing its operation. While privatization aims to make airports run more effectively, it often involves regulatory oversight to ensure safety, accessibility, and fair pricing are maintained for travelers and airlines. It’s a way to leverage private sector resources to improve infrastructure and customer experience while still serving public interests.