A Year in Review - Examining the Airport Privatization Landscape

Justin Lee

Singapore

March 31, 2025

London City Airport

© James Petts / Flickr

The global airport sector in over the past 12 months experienced a steady recovery in both primary (PPP) and secondary (M&A) markets. Governments across regions sought to attract private capital to modernize aging airport infrastructure and enhance connectivity, while institutional investors actively reshaped their portfolios through high-value stake acquisitions and divestments.

Despite macroeconomic challenges and evolving regulatory frameworks, key regions demonstrated resilience and adaptability, with notable progress in public-private partnerships, asset monetization initiatives and strategic ownership realignments.

The following review summarizes major developments across Asia-Pacific, Latin America & Caribbean, Europe, North America and the Middle East & Africa.

Southampton Airport

© Neil Howard / Flickr

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