The privatization of Aéroports de Paris in 2018 raises many questions for both airlines and consumers. While the state can benefit greatly from this financial transaction, the risks for consumers and airlines are real. What are the benefits and risks of selling an airport to the highest bidder?
This article (in French - "Privatisation aéroportuaire: faut-il toujours vendre au plus offrant) offers some insights on this question based on a research article written by Carlos Oliveira Cruz and Joaquim Miranda Sarmento entitled "Airport privatization with public finances under stress: An analysis of government and investor's motivations" published in 2017 in Journal of Air Transport Management.
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