January 27, 2009
Once More on Krugman and Air Traffic Control
Many thanks to the reader who sends along this email:
Paul Krugman, Nobel Prize winner, appears ignorant of examples of privatized air traffic control, such as Nav Canada (a private sector, non-share capital corporation financed through publicly-traded debt), and the 50% public/private National Air Traffic Services of the UK.
Several air traffic control organizations are government-owned independent organizations, such as Airservices Australia and Deutsche Flugsicherung GmbH (limited liability company). Deutsche Flugsicherung was to be 75% privatized, but recently the German government has gone back on the plan.
Previous post here. Here's more on Nav Canada.
Posted by E. Frank Stephenson at 07:33 PM
