Abstract
Abstract The European Commission will strongly cap state aid to airports from 2024, putting at risk many smaller airports failing to break even. Based on literature research and empirical cases, we assess public funding options to increase traffic and revenues of airports which are unlikely to infringe state aid rules. There is some scope to declare several airport functions as areas of non-economic nature, which would allow public bodies to take over costs without violating European state aid rules. In addition, boosting the number of air services operated as public service obligations and providing incentives may constitute legitimate options to improve airport financials. However, all forms of support described herein come at the taxpayers’ expense, though.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.