Privatization of Entities in the Air Transport Sector - Airports

Abstract

The privatization process means a change in ownership proportion in the economy for the benefit of the private sector. The paper develops the theoretical models to examine the relationship between ownership changes in the air transport industry in the selected world airports and Poland. We tried to study the cases of the recent privatization of the both airports The results are consistent to get a right for buying assets with the view of the expanding operations and the benefiting from the network effects offered by privatization.