Full story in LA Times. Here is part, please note the only successful privatization has been Newburgh, NY (Stewart):
Local governments that have tried to privatize airports in the past have found it to be a slow and frustrating process. Since 1997, a Federal Aviation Administration program to privatize airports has had six applications. Five have been terminated or withdrawn because of community opposition, inadequate business plans, a lack of financing or a repurchase by a government entity.
The only application awaiting FAA approval is from Chicago Midway Airport, which now serves about 17 million commercial passengers a year. Its proposed 99-year lease to a consortium of investors could provide Chicago with about $2.5 billion. Supporters say it could be a model for airport privatization.
Same Time Next Year
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It’s been nearly a year since I wrote about the problems that come from
having 11 bosses who are not on the same page about anything, as well as
suggestion...
6 months ago
1 comment:
I just wanted to let everyone know that our new airport director and the president of Direct Air will be guests tomorrow morning on the Peter Blute Show on WCRN. Unfortunately, Peter did not mention what time they will be on.
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