Introduction The state plays an important role in every sector of the economy. However, various economic theories were propounded that focus on the extent to which the state should interfere with the economic activities of each country. Without a doubt, the argument about the degree of government interference is based on two contradictory concerns: efficiency and equity. Whereas the United States has from the past preferred private ownership and management of economic resources, there has always been an acknowledgment that some types of economic activities are greatly influenced by the public interest and necessitate a great degree of governmental intervention. The airport industry is a perfect example of “a public enterprise, that is, a type of enterprise that is distinguished from private-sector firms in that they operate as government-approved monopolies that supply an indispensable service to society,” (Garfield and Lovejoy 1964). Taking into consideration the vital role played by airports to the respective countries and cities in which they are situated, in addition to the great costs incurred when putting up and running the airports, the control of the government has never been a problem in the past. In the United States, the airport system is controlled by a mixture of both the government and private enterprises, thus creating what is possibly one of the best airport systems globally. Nevertheless, several current events have resulted in enhanced attempts at privatizing the state-owned and operated airports, not just in the United States but also in many other countries across the globe. Proposals for privatization of airports offer evidence of the power of the privatization process on the whole because commercial airports have for a long time been regarded as being under the appropriate scope of the state. The customary responsibility of the state of the United States’ aviation industry has been to support the sector through subsidization of the creation and running of the airports’ facilities, as well as applying economic and safety policies to the industry as a means of regulating it. The extent of the government’s involvement in the US airport sector was first challenged in 1978 when the Airline Deregulation Act was passed. This legislation abolished the economic regulations that were used by the government against commercial airlines. Majority of the free market supporters and private stakeholders, influenced by their accomplishment in minimizing the regulation of airlines, focused their attention on further minimizing the role of the state in the construction, possession, and management of airport facilities as well (Poole and Snyder 1993). The outcomes of airline deregulation have further enhanced the support of privatization of airports. Coupled with rising competition and declining fares, deregulation also resulted in the extensive implementation of hub-and-spoke route approaches by the key carriers. The institution of hub airports has created challenges of acute traffic congestion especially in times of peak travel seasons at majority of the US biggest commercial airports. Simultaneously, organized civil groups have increased their efforts at advocating for an increase in the number of airports in their areas of residence. These challenges have been worsened by falling government inv