PRIVATIZATION TO GLOBALIZATION: EMERGING TRENDS IN AIRPORT MANAGEMENT – TAV AIRPORTS CASE STUDY

摘要

Airport management has gone under radical structural changes due to the factors suchrnas public financing problems, capacity constraints, technological innovations, and newrnmanagement approaches. All of these changes result in three important emerging trends inrnairport management: commercialization, privatization, and globalization. Recently severalrnairport terminals in Turkey transferred to the private sector with Build-Operate-Transferrn(BOT) model and Long-Term-Lease agreement. This paper illustrates how emerging trends inrnairport industry worldwide affect Turkish airport industry by using a case study.rnThis study based on an explorative research on TAV Airports Group, a national andrninternational constructer, manager, and service provider. This research focuses on growth andrnbusiness strategies of the company considering internationalization and globalization criteria.rnThe result suggests that privatization of airport terminals succeeded beyond expectations in arnvery short period of time and this know-how is being transferred to other countries andrnsupports internationalization practices. This is useful information for those who want to enterrnthe airport market and for countries having emerging markets.