by Robert W. Poole Jr.
March 25, 2014
In the 25 years since British Prime Minister Margaret Thatcher’s government privatized the former British Airports Authority, airport privatization has become a global phenomenon. Governments in Europe, Asia, Australia and New Zealand, Latin America and the Caribbean subsequently privatized major airports. By the end of 2010 a study by Airports Council International (ACI) Europe found that 22% of Europe’s 404 principal airports were either wholly investor-owned or had mixed (public/private) ownership. The Air Transportation section of Reason Foundation’s Annual Privatization Report 2014 provides an overview of the latest on privatization and public-private partnerships in air transportation. Subsections include airport privatization, U.S. airport security, and air traffic control.