Cochin International Airport was opened in 1999 and will be built as the first and only airport to great acclaim and operated by a private company in India. By 2001, the airport was to generate enough revenue to cover their operating costs, but not enough to service its debt or pay dividends to its shareholders. The airport company had already been in technical default of its lenders and its Managing Director, to find out how to quickly improve the profits to the shareholders or to convince them, make furthe … Read more »

Cochin International Airport was opened in 1999 and will be built as the first and only airport to great acclaim and operated by a private company in India. By 2001, the airport was to generate enough revenue to cover their operating costs, but not enough to service its debt or pay dividends to its shareholders. The airport company had already been in technical default of its lenders and its Managing Director, to find out how to quickly improve the profits to the shareholders or to convince them to make further large infusions of capital. This case is to build a discussion of the advantages and disadvantages with private companies to operate and support major infrastructure such as airports. It was developed for use in an executive program on privatization and regulation of infrastructure and utilities, but it could also master-level courses on privatization, infrastructure and industrial policies are used. HKS CERTIFICATE 1650.0
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from
Jose Gomez-Ibanez,
Jay H. Walder
26 pages.
Release date: 01 March, 2002. Prod #: HKS173-PDF-ENG
Cochin International Airport: Gateway to God’s Own Country HBR case solution