What does privatization of an airport entail?

Privatization of an airport typically involves the transfer of airport management and operations from governmental control to private entities. This process can lead to a more efficient management structure that may be better positioned to respond to market demands, innovate operational practices, and improve financial performance. By shifting responsibilities to the private sector, governments often aim to enhance service quality and operational efficiency while reducing their financial burdens related to airport management.

In comparison, options suggesting greater governmental oversight, government purchasing of private facilities, or increasing public funding do not align with the principles of privatization. Those options imply a continued or heightened role of government in airport operations, which contrasts with the core idea of privatization that seeks to lessen government involvement in favor of private enterprise management.