A Decision-Makers Guide to Public Private Partnerships in Airports: 1st Edition (Hardback) book cover

A Decision-Makers Guide to Public Private Partnerships in Airports

1st Edition

By Andy Ricover, Jeffrey Delmon

Routledge

328 pages | 84 B/W Illus.

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Hardback: 9780367266783
pub: 2019-12-20
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Description

Airport development is critical to economic growth and poverty reduction. Governments need all the tools available to ensure world-class airport infrastructure and services. Public Private Partnerships offer a particular opportunity in airports. In fact, much of the developed world uses PPP to ensure investment and service delivery in the airport sector. This book will help decision-makers analyse their context and assess whether PPP might be viable for airport development. It walks the reader through the airport PPP process, from early preparation to bringing the project to market and managing the project during implementation. The book will also help eradicate misconceptions and myths that have been distracting policy makers from the role of the private sector in airport infrastructure and its potential. By doing this, it will help them focus on the true objectives and pursue feasible expectations with respect to what the airport can achieve, in line with the value of the assets from the market perspective.

A Decision-Makers Guide to Public Private Partnerships in Airports provides an essential guide for those in a position to make decisions linked to airport development, to their advisers, their staff and also to students wishing to understand airport PPP.

Table of Contents

Prelims; 1 Introduction; 2 World Trends in Air Transport; 3 The Business of Airports; 4 Airport Planning; 5 Air Transport Regulation; 6 Airport PPPs Around the World; 7 Financing Airport PPP; 8 Airport PPP Preparation; 9 Procuring Airport PPP; 10 PPP Agreements; 11 Implementation, Monitoring and Evaluation; Bibliography; Index

About the Authors

Andy Ricover is an air transport economist and has been advising governments on aviation economics, policy formulation, regulation, valuation and ownership reforms since 1994. He has worked in over 240 air transport projects in 92 countries for major consultancy firms, operators, bid consortiums, governments, law firms and is a regular consultant to the major development banks and agencies (World Bank Group, IDB, CAF, AfDB, EBRD, USAID, etc). He has advised on numerous PPP processes (for airports and airlines) for the public and the private sectors from design (institutional, strategic and regulatory) through implementation (due diligence, tendering, financing). As an expert witness, Andy has provided written and oral testimony in over a dozen arbitration cases concerning airlines and airports. He is a regular speaker at conferences and is an active lecturer at universities and airport authorities.

Jeff Delmon has advised governments, sponsors and lenders on infrastructure finance and PPP since 1994, and has been with the World Bank since 2005. Jeff has advised Governments on airport PPP in Europe, Africa and East Asia, for example he was strategic adviser for the Government of Saint Petersburg, Russia for the Euro 1.2bn Pulkovo Airport which reached financial close in 2010. Prior to joining the World Bank, Jeff spent 11 years in Paris and London advising on infrastructure and PPP projects globally at the law firms of Allen & Overy and Freshfields. He is author of numerous books, articles and blogs on PPP, his most recent books include: Public Private Partnership Projects in Infrastructure: A practical guide for policy makers (2ed, 2017), and Private Sector Investment in Infrastructure: Project finance, PPP projects and PPP programs (3ed 2016). He is adjunct associate professor on PPP at the National University of Singapore.

Subject Categories

BISAC Subject Codes/Headings:
ARC017000
ARCHITECTURE / Project Management
BUS032000
BUSINESS & ECONOMICS / Infrastructure
BUS101000
BUSINESS & ECONOMICS / Project Management
TEC005000
TECHNOLOGY & ENGINEERING / Construction / General
TEC009160
TECHNOLOGY & ENGINEERING / Civil / Transport
TEC062000
TECHNOLOGY & ENGINEERING / Project Management
TRA000000
TRANSPORTATION / General
TRA002000
TRANSPORTATION / Aviation / General