Airport Privatization
Lufthansa Consulting’s airport privatization approach involves three phases:
Three basic conditions must be fulfilled in order for airport privatization to succeed:
Improved financial possibilities
- overcome budget restrictions
- create a broad financial basis
New sources of revenues and cost management
- investment in new growth areas (non-aeronautical)
- consistent cost management
Customer orientation
- define customer oriented strategies, processes and structures
- offer competitive and attractive fees
All the various parties involved at the airport can profit from the results of successful airport privatization.