ACI encourages government to incentivise airport privatisation and investment

Airports Council International (ACI) released (20-Mar-2017) a new Policy Brief on airport ownership, economic regulation and financial performance, encouraging the government to incentivise airport privatisation and investment. The document emphasise the need for flexibility and consistency in regulatory frameworks that govern airport revenues and capital investment, advocating for economic incentives that will allow private equity help contain the level of risk of such a capital intensive investment. ACI World director general Angela Gittens stated "there is no denying that the government purse is strained in many parts of the world" and airport privatisations or public-private partnerships aim to finance what the government are no longer able or willing to finance. [more - original PR]