ADVANTAGES AND DISADVANTAGES OF PRIVATIZATION AND AIRPORT LEASING

Abstract

The problems of airports in the 21st century is more actual than ever before because the market has noticed an enormous increase over the recent years. The characteristics of airport is based on the theory of natural monopoly that is why this paper is is based on the theoretical knowledge. We analyze the positives and negatives of direct foreign investments and the effects of the investment incentives in the operation of the airports. We are definying the forms of privatization of airports and are analyzing their advantages and disadvantages. We are dealing with the types of airport leasing and are analyzing their advantages and disadvantages. Consequently we are trying to find relevant facts from the practice about the privatization and airport leasing in the world and in Slovakia. The aim of the paper was to find a well-founded standpoint to these questions which would be understandable for the public.