Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...

Many firms offer “core” and “side” goods in the sense that side-good consumption is conditional on core-good consumption. Airports are a common example where the supply of runway and terminal capacity is the core good and the supply of various concession services (for example, car rental...

Using a general-equilibrium model that includes consumers, airlines, and an airport with both aeronautical service and non-aeronautical service, this paper investigates the airport's decisions on its aeronautical charge and capacity, as well as the size of its non-aeronautical service. In...

Most airports operate under public ownership, while the number of private and economically regulated airports is increasing. Furthermore, airports nowadays earn as much revenue from commercially-oriented business activities as from aeronautical activities. These two observations lead to a...