Airport privatization has gained popularity as a means of enhancing airport efficiency while relieving financial strain on governing bodies. With this strategy, airports are handed over to private companies, who are then tasked with paying for and managing improvements to the airport's physical facilities. This summary aims to give readers a taste of the pros and cons of airport privatization as a method for airport renovation. Privatizing airports has the potential to boost airport infrastructure, competitiveness, and innovation but might also raise costs and decrease public oversight. The fact that numerous nations have managed to privatize their airports despite these obstacles is encouraging.