In this issue:
Benefits from airport privatizationA common rate for Europe’s air routes?Wisk plans autonomous eVTOLAir-to-rail substitution questioned in EuropeWhither small community air service?The case for digital towersNews NotesQuotable Quotes
New Study Finds Large Benefits from Airport Privatization
Does the type of ownership make a difference to airport performance? One of the much-quoted studies on this subject appeared in the Journal of Urban Economics in 2008, reflecting the early wave of mostly European sales and partial sales of airports. It found positive results on airport productivity, but its sample size was small—only 16 privatized airports out of a 109-airport dataset.
A new study from the National Bureau of