Be cautious about privatisation of airports, says IATA chief Airport Privatization? Where it may be a problem Where it may make sense “Flagging infrastructure challenges in the aviation sector, IATA chief Alexandre de Juniac today…
On April 24, the FAA accepted St. Louis’s preliminary application for St. Louis Lambert International Airport (STL) to participate in the Airport Privatization Pilot Program (P3). Mayor Krewson, this is a challenge with great upside and downside; study carefully.
Secretary Chao’s infrastructure initiative holds great potential. Here are changes which the Secretary may implement without a long NPRM process.
It will be interesting to see whether this libertarian panacea can be practically implemented. The biggest barrier may be the political opposition of airport executives, carriers, bankers, lawyers and consultants who have prospered under the old regime.