AIR TRANSPORT PRIVATIZATION TRENDS
Journal Title: EMC Review: Časopis za ekonomiju i tržišne komunikacije - Year 2017, Vol 7, Issue 2
Abstract
It is important to consider basic principles, practical results and consequences, in order to understand practical results and consequences of privatization. In case of airline privatization trends, it is obvious that this process is very intensive, but without guarantee for success on the air transport market. Analysis of the European airlines members of Association of European Airlines in the period 1991-2015 is confirming trends of privatization for solving the problem of “distressed state airline syndrome”, Airline foreign ownership and control rules is one of the limiting factors in privatization processes worldwide. Procedures and principles for the privatization process of airports and air navigation services are in accordance with ICAO’s standards and recommended practices.The ownership structure is not the central issue of an airport privatization with different structure of solutions in practice. In the sector of Air Navigation Services or Air Traffic Control, privatization is not so frequent but still existing. From government perspective, it is important for the selected operator to be well reputed, financially stable and experienced enough. Analysis of air transport privatization points out complexity of different options in process of sustainability in very dynamic global changes and challenges on the aviation market.
Authors and Affiliations
Mirko Tatalović, Jasmin Bajić, Vedran Šupuković
Keywords
Related Articles
- EP ID EP333240
- DOI -
- Views 80
- Downloads 0
BUSINESS PERFORMANCE IN THE INTERNATIONAL MARKET
Production stagnation, inflationary trends and rising unemployment developed countries are solved through a faster restructuring of their economies and a comprehensive economic recovery, rather than through constant stre...
BOSNIA AND HERZEGOVINA - RIGHT PLACE FOR THE FOREIGN INVESTORS
Foreign investment in the long run, on the less developed markets, are one of the ways to ensure the stability, economic growth and reduce the ga pin development between contries. Bosna and Herzegovina by the signing of...
KNOWLEDGE MANAGEMENT - CONCEPT FOR CREATING A COMPETITIVE ADVANTAGE
We live at the time of faster, more dramatic, more complex, and unpredictable changes. Technological, market - economical, political, social and global factors, all influence the speed of changes, as well as they form th...
SYSTEM OF ENROLLMENT INTO SECONDARY SCHOOLS
The European Union, by adopting the Kopenhagen declaration, set up the foundation for creating the unique educational system with which all the member countries as well as the countries surrounding them should harmonize...
IOT - FROM NEW MARKET OPPORTUNITIES AND BUSINESS MODEL TO SECURITY CONCERN
In terms of innovations and their contribution to increasing the quality of everyday life of individuals, as well as the improvement of the business of companies, it is undoubtedly necessary to significantly consider the...