San Juan Airport Privatization is Complete | LeighFisher

The Federal Aviation Administration (FAA) received the final application from the Puerto Rico Ports Authority and Puerto Rico Public-Private Partnerships Authority for the participation of Luis Muñoz Marín International Airport, San Juan, Puerto Rico (SJU) in the Airport Privatization Pilot Program and has determined that the final application is substantially complete and accepted for review. The FAA is seeking information and comments from interested parties on the final application. In furtherance of this effort, the Department of Transportation (DOT), the Federal Aviation Administration and the Transportation Security Administration will conduct a public meeting on Friday, September 28, 2012, in San Juan, Puerto Rico.

US Airport Privatization: Why It Has Not Taken Off

Is Airport Privatization in the U.S

FAA airport privatization program has slots for 10 airports

The report covers a range of potential privatization options and highlights case studies conducted at a variety of airports both within the United States and internationally.

Airport Privatization: Success or Failure

Over the last decade, the Puerto Rico Ports Authority (PRPA) has seen increasing levels of debt, declines in passenger numbers, and many of its facilities in need of significant upgrades. In December 2009, the PRPA filed an application to join the Federal Aviation Administration (FAA) Pilot Program for Airport Privatization. It was deemed this action would enable the Authority to reduce debt levels and provide the necessary private capital to fund improvements and upgrades at Luis Muñoz Marín International Airport (LMM). In June 2010, LeighFisher was retained as a lender's technical advisor by the P3 Authority.

Lambert is the second medium hub airport to join FAA airport privatization program

BRADLEY INTERNATIONAL AIRPORT "PRIVATIZATION…

Title 49 U.S.C. Section 47134 establishes an airport privatization pilot program and authorizes the Department of Transportation to grant exemptions from certain Federal statutory and regulatory requirement for up to five airport privatization projects. The FAA Modernization and Reform Act of 2012 expanded the pilot program from five to ten airports. The application procedures require the FAA to publish a notice of receipt of the final application in the Federal Register and accept public comment on the final application for a period of 60 days.

In 1960, Nikolaev Airport was made into a passenger airport

59 re organization efforts for Terminal A at Boston Logan Airport to avoid the potential for costly litigation. This is a new form of cooperation in response to market failures of previous toll roads and other privatized assets.7. For strategic transportation projects, the role of the pri-vate sector is seen as one of delivery, not of definition or specification. A solicited approach to privatization pro-curements allows the public sponsor to maintain control of project identification (and therefore the overall strategy for the project and sector) while ensuring the private sec-tor is focused on the areas where it can best deliver value for money, namely, delivery of the service required.8. Although projects may appear to be similar, all have unique features, and these must be understood when developing the term and nature of the deal between the public and private sectors. Also, even the most technically complex project can be procured through privatization techniques. However, the involvement of the private sec-tor cannot fundamentally change the nature of a project. For example, a project that needs a significant subsidy if procured by traditional means will still need a subsidy if procured as a privatization. In addition, even infrastruc-ture of regional or national importance can, in principle, be procured through privatization techniques.

Considering and Evaluating Airport Privatization

The report covers a range of potential privatization options and highlights case studies conducted at a variety of airports both within the United States and internationally.

Airport Privatization 2 1980 Words | 8 Pages

TRB’s Airport Cooperative Research Program (ACRP) Report 66: Considering and Evaluating Airport Privatization addresses the potential advantages and disadvantages of implementing various approaches to airport privatization.

The pros and cons of privatizing airport security

TRB’s Airport Cooperative Research Program (ACRP) Report 66: Considering and Evaluating Airport Privatization addresses the potential advantages and disadvantages of implementing various approaches to airport privatization.