Canadian airport infrastructure: part two – time to look again at privatisation?
The failure of the Canadian authorities to ensure adequate air travel movement during the summer was well documented. Delays and queues ranked among the worst in the world.
Now a major Canadian newspaper has lambasted the Ottawa government for its failure to ensure investment in airports, blaming the 'not for profit' ownership culture which denies access to share capital in favour of debt financing.
It also blames the extravagant 'Crown Rents' that the major airports are charged, and insists they should be reinvested in the airports.
Strangely, one option, which was examined and discussed in detail five years ago and then shelved, is privatisation. In its many forms now, including public-private partnerships, it merits reconsideration.
This part two of a two-part report.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.