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Many airlines are neither completely public nor private enterprises but have hybrid or mixed public-private ownership. Theory and evidence regarding the performance of private, public and mixed ownership are addressed in the context of the international airline industry. The study empirically...
Persistent link: https://www.econbiz.de/10010682369
Reform of airport governance structures through corporatization, privatization and other approaches to commercialization is intended to attain a number benefits for air transport system stakeholders. While reformers often want managers to bring a commercial and strategic orientation to the...
Persistent link: https://www.econbiz.de/10010682014
Most countries require substantial domestic equity ownership of designated national airlines, yet changes in international capital markets have significantly altered the way control rights associated with equity are exercised. We argue that in a context of aviation deregulation and...
Persistent link: https://www.econbiz.de/10010688199