ABSTRACT
The commercial aspects of airport operations relating to market power, aeronautical charges and privatization are a growing area of concern for the regulatory authorities. This chapter looks at the regulatory requirements and how these requirements are incorporated into different legal systems around the world. It discusses various approaches adopted by American, European and other regulatory agencies with particular attention given to the extent to which Annex 14 requirements have been adopted amongst European Aviation Safety Agency (EASA) member states. The chapter focuses on how airport operators across the world, operating within different legal jurisdictions, have incorporated the guidance provided by the International Civil Aviation Organization (ICAO) regarding the commercial aspects of airport operations into their respective domestic regulatory framework. Airports play a most important role in the transportation of people and goods at the regional, national and international levels.
