Outdated airport threatens the economic health of the region, but Albany County, New York, airport operators, lack of funds for much-needed capital improvements. In this context, the county executive is seriously considering privatizing the airport sold off to a private developer with experience in the management of airports. This case is designed to provide a comprehensive discussion of potential advantages and disadvantages of privatization of large state-owned facility. It raises issues such as monopoly power and ease of access to capital. The decision to allow the privatization of Albany, in the end, made by the Federal Aviation Administration, allowing the case of increasing national and local issues. HKS Case Number 1024.1 "Hide
by Alan Altshuler, Esther Scott, Jose Gomez-Ibanez Source: Richard Ivey School of Business Foundation 4 pages. Publication Date: January 1, 1991. Prod. #: HKS160-PDF-ENG
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