Another Airport Privatization Attempt?
The New Orleans Aviation Board’s application to privatize Louis Armstrong New Orleans International Airport has been approved by the Federal Aviation Administration (FAA). The board now has the authority to commence a competitive procurement process, and expressed that it intends to issue a RFQ on November 2. In 2008, the airport had about 3.8 million passengers boarding and 131,197 aircraft operations with 9 airlines. This is another airport privatization attempt following the collapse of Chicago’s Midway Airport deal this year.
(Infrastructure Investor)