Abstract
<p><em>Airport management is now become a more business-like market. The research of commercialization and privatization in the Melbourne Airport focuses on a study of airport management and the strategies used in facing the growing aviation transport demand and the airport competitions. The combination of theoretical analysis and case study of Melbourne Airport is used in this paper. According to the comparing in reports, privatization, strategies, it shows that the privatization process in Melbourne Airport success and it could be a good example for other Australian airports.</em></p>
Highlights
With the multifunctional construct of airports the past decades, airports are becoming a spot of the public transportation and a profit growth spot of the economy
Some airports came through the privatization process and became a hub of both a transport center and an economy center
This paper describes the background of airport privatization from an international aspect and the privatization process conducted in Australia
Summary
With the multifunctional construct of airports the past decades, airports are becoming a spot of the public transportation and a profit growth spot of the economy. By producing far more important roles in economic, tourist and productive, there occurs some more forms in airport marketing including operating by regional government and private investments. 3.1 Privatization of Airports In the traditional airport ownership and management model, all airports are traditionally owned by the public sector by many different forms such as wholly owned or holding companies (Graham, 2008). After the privatization on airlines, many public owners began to view the airport management more like a commercial enterprises with a more business-like management. It is the beginning of airports commercialization (Graham, 2008). The contract was a 50-year long-term lease with an optional 49-year extension
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