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A brief overview of airport regulation in Europe

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  • Martin Iltis

Abstract

This article presents the principal arguments for formal economic regulation of airport operators. It also briefly compares and contrasts the main regulatory systems and provides a simplified overview of the regulatory regimes currently applied at the largest European airports. Finally, a relationship between the regulatory framework and an airport"s value is being discussed and possible implications of the current regulatory regime used in the Czech Republic for the contemplated privatisation of Prague Airport are considered.

Suggested Citation

  • Martin Iltis, 2010. "A brief overview of airport regulation in Europe," Ekonomika a Management, Prague University of Economics and Business, vol. 2010(3).
    • Handle: RePEc:prg:jnleam:v:2010:y:2010:i:3:id:104
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    References listed on IDEAS

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    1. Rui Cunha Marques & Ana Oliveira-Brochado, 2007. "Comparing Airport regulation in Europe: Is there need for a European Regulator?," FEP Working Papers 259, Universidade do Porto, Faculdade de Economia do Porto.
    2. Sherman,Roger, 1989. "The Regulation of Monopoly," Cambridge Books, Cambridge University Press, number 9780521368629.
    3. Forsyth, Peter, 1997. "Price regulation of airports: principles with Australian applications," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 33(4), pages 297-309, December.
    4. Tae Hoon Oum & Anming Zhang & Yimin Zhang, 2004. "Alternative Forms of Economic Regulation and their Efficiency Implications for Airports," Journal of Transport Economics and Policy, University of Bath, vol. 38(2), pages 217-246, May.
    5. Germà Bel & Xavier Fageda, 2010. "Does privatization spur regulation?Evidence from the regulatory reform of European airports," IREA Working Papers 201004, University of Barcelona, Research Institute of Applied Economics, revised Feb 2010.
    6. Starkie, David, 2002. "Airport regulation and competition," Journal of Air Transport Management, Elsevier, vol. 8(1), pages 63-72.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Privatizace; letiště; letecká doprava; stanovování cen; cenová regulace; Privatisation; airports; air transport; pricing; economic regulation;
    All these keywords.

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation

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