Privatizing the Albany County Airport

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  • Product Description

    Abstract:
    An antiquated airport jeopardizes a region's economic health but the county of Albany, New York, operator of the airport, lacks funds to undertake much-needed capital improvements. In this context, the county executive seriously examines privatization-selling the airport off to a private developer with a background in airport management.

    Learning Objective:
    This case is designed to permit a full discussion of the potential merits and drawbacks of privatization of such a large public facility. It raises such issues as monopoly power and ease of access to capital. The decision to permit the Albany privatization is ultimately made by the Federal Aviation Administration, thus allowing the case to raise national as well as local issues.

  • Other Details

    Publication Date: January 01, 1991
    HKS Case Number: 1024.0
    Case Author: Esther Scott
    Faculty Lead: Alan Altshuler and Jose Gomez-Ibanez
    Pages (incl. exhibits): 24
    Setting: United States
    Language: English
    _year: Older than 2000
    _pages: 16-25
    _geography: US & Canada
  • Warranty Information

    /review/1024.0.EducatorCopy.pdf

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