Airport Privatization Management: Navigating Opportunities, Challenges, and Governance

Abstract

Airport privatization has emerged as a global phenomenon as nations seek to reduce public spending, enhance operational efficiency, and attract private sector investment in aviation infrastructure. This study examines the fundamentals of airport privatization, analysing various operational models and their impact on management practices, overall performance, and the protection of public interests. The analysis considers how private sector involvement shapes service delivery, operational costs, safety protocols, and strategic development. Major obstacles are identified, including regulatory frameworks, questions of equity, and the tension between commercial priorities and public service responsibilities. The study concludes with practical guidance for decision-makers and airport administrators on achieving equilibrium between business goals and national development priorities while safeguarding passenger interests (Graham, 2011, 2020; Howell et al., 2022).