OECD/ITF Joint Transport Research Centre Discussion Papers
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- Is continued by :
- International Transport Forum Discussion Papers
The International Transport Forum at the OECD is an intergovernmental organisation with 52 member countries. It acts as a strategic think tank for transport policy and organizes an annual summit of ministers. Our work is underpinned by economic research, statistics collection and policy analysis, often undertaken in collaboration with many of the world's leading research figures in academia, business and government. This series of Discussion Papers is intended to disseminate the International Transport Forum’s research findings rapidly among specialists in the field concerned.
- ISSN: 20708270 (online)
- https://doi.org/10.1787/20708270
The Airport Industry in a Competitive Environment
A United Kingdom Perspective
The paper provides an overview of UK airports from the perspective of a business
enterprise. Its object is to show, through the medium of the UK industry, that effective
competition between airports is possible and that a competitive industry can be financially
viable. In the UK case viability is achieved at all levels of output, thus refuting the suggestion
that high fixed costs are a significant barrier to positive returns, particularly for airports of
limited output. This viable industry operates for the most part in the private sector of the
economy and it has evolved without the imposition of a strategic plan. It is competition that
has driven the dynamics of the industry, an industry that in its symbiotic relationship with the
airline industry has been an economic success story helping to produce strong economic
growth in the service sector of the UK economy.
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