Management style and airport performance in Brazil

The intention to privatize Brazilian public enterprises dates from 1990. As with other enterprises, a board was appointed at the Brazilian Airport Infrastructure Enterprise to prepare it for privatization. Although the enterprise remains public, there are clear signs of substantial changes in the airports it manages. This study uses data envelopment analysis techniques to investigate the impacts of changes in managerial style on airport performance between 1998 and 2001. Despite a decline in operational performance, financial performance improved.