Manonthestreet
Diamond Member
- May 20, 2014
- 34,840
- 23,169
- 1,945
Trump talked about this during the election, wonder if his fix is along the lines of following the worlds lead and removing govt shackles or just pouring more money into govt entities hands.
Making New York’s Airports Great Again
Why are passengers paying so much to get so little? Because American airports are terribly managed, by global standards, and New York’s airports are the worst-managed in America. Among the world’s top 100 airports, as determined by the annual Passengers Choice Awards, the highest-ranked American airport is Denver—in 28th place, far behind the major airports of Europe, Asia, and the Middle East. New York has the second-busiest airport system in the world—only London handles more travelers—but its best airport, JFK, ranks just 59th. Newark and La Guardia don’t make the list.
Outside the United States, in cities such as London, Paris, Madrid, Zurich, Frankfurt, Rome, Istanbul, Mumbai, Sydney, and Buenos Aires, public-private partnerships are transforming the industry, with airports getting sold or leased to private-management companies that focus on pleasing passengers. To make a profit, these managers must hold down costs, while enticing customers with lots of flights, competitive fares, and terminals with appealing stores and restaurants. London’s three airports have improved dramatically since they were privatized
Making New York’s Airports Great Again
Why are passengers paying so much to get so little? Because American airports are terribly managed, by global standards, and New York’s airports are the worst-managed in America. Among the world’s top 100 airports, as determined by the annual Passengers Choice Awards, the highest-ranked American airport is Denver—in 28th place, far behind the major airports of Europe, Asia, and the Middle East. New York has the second-busiest airport system in the world—only London handles more travelers—but its best airport, JFK, ranks just 59th. Newark and La Guardia don’t make the list.
Outside the United States, in cities such as London, Paris, Madrid, Zurich, Frankfurt, Rome, Istanbul, Mumbai, Sydney, and Buenos Aires, public-private partnerships are transforming the industry, with airports getting sold or leased to private-management companies that focus on pleasing passengers. To make a profit, these managers must hold down costs, while enticing customers with lots of flights, competitive fares, and terminals with appealing stores and restaurants. London’s three airports have improved dramatically since they were privatized
