In the past few decades many countries have increased the presence of various forms of private sector involvement in airport ownership and management. This paper focuses on the financial performance of Italian airport companies. We present empirical evidence separately for two groups where public or private management majority prevails. The main findings indicate that companies with a private ma- jority outperform the others in terms of financial indicators that are related to operating income.

Airport Ownership and Financial Performance: Evidence from Italy.

FASONE, VINCENZO;MAGGIORE, PASQUALE;SCUDERI, RAFFAELE
2014

Abstract

In the past few decades many countries have increased the presence of various forms of private sector involvement in airport ownership and management. This paper focuses on the financial performance of Italian airport companies. We present empirical evidence separately for two groups where public or private management majority prevails. The main findings indicate that companies with a private ma- jority outperform the others in terms of financial indicators that are related to operating income.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11387/84728
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