Date of Award

Spring 8-1-1998

Document Type

Thesis

Degree Name

Master of Arts (MA)

Department

Department Not Listed

First Advisor

Robert Guell

Second Advisor

Donald Richards

Third Advisor

John Conant

Abstract

The dynamics of the airport industry have induced a number of countries to undertake airport privatization as a way to provide higher quality airport services and achieve better financial result for both government and the privatized airports. The Airports Authority of Thailand (AAT), facing the increased pressure on airport infrastructure that can accommodate increased air traffic volume, is considering a privatization program to achieve its goals and objectives of enhancing revenues and efficiency. In a study of airport privatization models, research was conducted by analyzing the objectives of privatization, the characteristics and existing environments of major privatized airports in Britain, Hong Kong and Malaysia, including their respective financial and operational structures, regulatory framework, interested parties, procedures, and potential implication for major stakeholders. The particular reasons for the model selections and problems that might occur in each case were discussed. Then the optimal privatization option for AAT was derived by drawing on the experiences in these countries and taking into account the existing circumstances facing AAT.

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