Until recently, national governments of most countries have long been the sole owners and operators of their domestic and
international airports. At present, a growing number of countries have been exploring ways to more extensively involve the private sector as a means to provide capital for development and improve the
efficiency of all airport operations. This paper outlines the reasons why
privatization is taking hold, how it may be financed, who is taking part in this strategy, who benefits from privatization and the time frame for privatization projects. The paper makes use of tables. Table of Contents: Introduction Airport Terminal Operations - Past and Present Problems Business Foundation and Mission for Growth Expectations Focus of Privatization Marketing Edge Benefits Limitations Where Privatization is Taking Hold Facilitators of Change Streamlining the Process of Changeover Financial Objectives Paying for the Metamorphosis Raising Capital Market Promotion and Acceptance Target Market - Concessionaires The Benefactors - Good Business Breeds More Business Airlines and Other Service Providers Labor and Workforce Efficiency Conclusion