July 2012

Air & Sea

In this issue

Air and sea transport power the global economy. Since the vast majority of trade is physical, it must travel by plane or ship to reach its market. In fact, high value, time-sensitive goods usually fly through at least two airports, and almost every container passes through at least two seaports. When ports are efficient, people receive the goods they’re waiting for, sellers receive payment, and global economic development is strengthened. Public-private partnerships (PPPs) push this development forward with greater speed and richer benefits.

In this issue, Handshake turns its attention to air and sea transport (expect a companion issue on road and rail in October 2012). In the air, we deconstruct myths surrounding airport PPPs, learn brutally honest lessons from experiences in airline privatization, and revisit the liberalization of African skies. For seaports, we examine private investment, glimpse the postconcession era, and witness the PPP evolution. Infrastructure Journal editor John Kjorstad takes us to London, narrating the U.K.’s race toward a winning logistical support structure as the summer Olympics approaches. And Sir Richard Branson reminds us that sustainability must be at the forefront of our thoughts, no matter how high stakes the race, when he outlines Virgin Atlantic’s progress with biofuels. “I’ve always loved a challenge,” he tells Handshake editors. Olympics or not, the world craves that competitive spirit more than ever.