The rise of the airport group – the way of the future for airports?
Twenty-seven specialist airport groups now control around 425 airports globally. These collectively handle nearly a third of global passenger traffic and a quarter of cargo tonnage. The top 38 largest investor-owned (fully or partially) airport companies represented almost a third of world airport revenue; and half of that was at just five companies.
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Are infrastructure funds and airport groups now the vehicle of choice for airport privatisation?
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Are there market and circumstances that make airports more (or less) attractive to such groups?
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How do airports perform financially and operationally after airport group takeover?
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What implications does airport group ownership have for the relationships between airlines and airports?
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What is the role of airport groups in the development of greenfield and brownfield infrastructure projects?