The Trouble with Canadian Airport Privatization

In our view, airport privatization is likely to further drive up the already high usage costs of Canadian airports and, with it, ultimately airfares. Therefore, it’s not a good thing for airlines or our customers.

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Calgary Herald: Don’t Privatize Calgary’s Airport

Perhaps you can’t blame the federal Liberal government for musing about selling off Canada’s airports, and getting its hands on the proceeds, but it’s an idea that should never take off. The fact is our airports are well managed and too important to place in the hands of private business.

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Airport Sell-off: Bad for Passengers and Communities

Airports in Australia that were sold to private interests did not produce the promised returns to the government and did not deliver anticipated tax revenues. What did happen is that customer fees increased and service levels declined. We can expect the same thing in Canada if this sell-off goes forward.

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Collins: Privatizing Canada’s Airports Would be a Costly Mistake

In other countries, there’s been chaos and confusion. Australia privatized its airport system, but its taxpayers had to pick up billions in accumulated debt to make it attractive to investors. The Americans keep trying to sell off their airports but that, too, has been a disaster.

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Proposed Airport Privatization will Drive Up Costs for Travellers, say CEOs

“What’s happening is that people look around, especially from finance, and say, ‘Well that’s a heck of an asset, let’s sell that off,'” said Craig Richmond, CEO of Vancouver International Airport. “The problem with that is, if you sell it off, we would be worth a lot of money, and then whoever bought it has to make that money back. And we know that’s going to drive costs up.”

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