If every policy decision were subject to a popularity test, we would not have a functioning civilization. We delegate decisions to people who have the time to carefully consider them for a reason.
cglogan on
Is it too much to ask that we apply privatization where privatization makes sense? This is a natural monopoly, not conducive to a private structure.
This is tantamount to taking a second mortgage on your home. It’s short-term capital gains for long-term misery. If that’s the position we are in right now, I can understand. But I’m not going to pretend it’s a good idea
IMayHaveMadeAGoof on
Airports are already ‚private‘ to an extent, no? The government owns the lands, but the airports themselves are run by independent non-profits who pay rent to the government. Of course, being non-profit, it’s harder to raise money for improvements without charging people more on tickets (airport improvement fees) or charging more for retail spaces in the airports.
I imagine that a model that allows the airports to issue some shares in order to raise money from investors is a way forward. Or maybe some other financial instrument that can at least attract investors that doesn’t necessarily have to involve handing over the keys to like, foreign firms or private equity or something. We’re not going to get better airports without them having money to grow, and people already complain about how expensive air fares are in Canada – they’ll be pissed if the improvement fee on their tickets jumps.
I suppose we could adopt the US model and have the government fork money over to airports, but that’s gonna face political friction.
raz_kripta on
It’s a terrible idea.
Of course it would be a big American or Chinese corporation which swooped in to buy all our airports. What could possibly go wrong?
Orangekale on
The military budget is 62 billion and growing, would it be crazy to take 1-5 billion of that and upgrade the 3-4 biggest airports in the country on the tax payers dime?
You give the private sector an airport and they’ll upgrade it sure; and make you pay out the bunghole for the next 6 trillion years.
Serzern on
Dont we already have some of the most expencive flights in the world. I can’t imagin how much more expencive a private company could make them but I’m sure they’ll find a way.
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If every policy decision were subject to a popularity test, we would not have a functioning civilization. We delegate decisions to people who have the time to carefully consider them for a reason.
Is it too much to ask that we apply privatization where privatization makes sense? This is a natural monopoly, not conducive to a private structure.
This is tantamount to taking a second mortgage on your home. It’s short-term capital gains for long-term misery. If that’s the position we are in right now, I can understand. But I’m not going to pretend it’s a good idea
Airports are already ‚private‘ to an extent, no? The government owns the lands, but the airports themselves are run by independent non-profits who pay rent to the government. Of course, being non-profit, it’s harder to raise money for improvements without charging people more on tickets (airport improvement fees) or charging more for retail spaces in the airports.
I imagine that a model that allows the airports to issue some shares in order to raise money from investors is a way forward. Or maybe some other financial instrument that can at least attract investors that doesn’t necessarily have to involve handing over the keys to like, foreign firms or private equity or something. We’re not going to get better airports without them having money to grow, and people already complain about how expensive air fares are in Canada – they’ll be pissed if the improvement fee on their tickets jumps.
I suppose we could adopt the US model and have the government fork money over to airports, but that’s gonna face political friction.
It’s a terrible idea.
Of course it would be a big American or Chinese corporation which swooped in to buy all our airports. What could possibly go wrong?
The military budget is 62 billion and growing, would it be crazy to take 1-5 billion of that and upgrade the 3-4 biggest airports in the country on the tax payers dime?
You give the private sector an airport and they’ll upgrade it sure; and make you pay out the bunghole for the next 6 trillion years.
Dont we already have some of the most expencive flights in the world. I can’t imagin how much more expencive a private company could make them but I’m sure they’ll find a way.