Newspaper article THE JOURNAL RECORD

Pilot Program Takes Look at Airport Management

Newspaper article THE JOURNAL RECORD

Pilot Program Takes Look at Airport Management

Article excerpt

WASHINGTON (AP) -- A few local airport authorities will be able to sell or lease their facilities to private businesses under a test program, the Federal Aviation Administration said Wednesday.

The agency said it will begin accepting applications for up to five demonstration projects on Dec. 1.

Commercial airports are virtually all owned and operated by local or state governments, although some hire private companies to handle the management. The pilot program will allow general aviation airports to be leased or sold to private companies. Those are airports serving private planes, not commercial airline operations. Commercial airports will be allowed to be leased under the test program, but only one can be a large, hub operation, the FAA said. Private companies have access to more funding sources than governments to raise money for operations and improvements. But federal rules have restricted the ability of governments to sell or lease their facilities. …

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