Official websites use .gov
A
.gov website belongs to an official
government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you've safely
connected to the .gov website. Share sensitive
information only on official, secure websites.
Summary of responses to demand shocks.
| Governance of airports: | Price tendency |
|---|---|
| Rate of return regulation | Increase as average cost increases |
| Price-cap regulation | Cap is fixed and charges are not increased. |
| Light-handed regulation | Scope to increase charges |
| Public airports: less formally regulated | Scope for lower or constant unless full cost recovery is applied |
| Competitive airports | Decrease or constant charges but with risk of failure |
| Non-competitive, but non-regulated airports | Increase |
