U.S. Airports Going Private? Don't Count on It Now: Joe Mysak
Source: By Joe Mysak, Bloomberg, January 31, 2007
Well, so much for selling all the airports. The Port Authority of New York and New Jersey is going to buy the lease of the first, and so far only, U.S. airport approved by the Federal Aviation Administration for its Airport Privatization Pilot Program.
....... The larger question here, though, is what this means for airport privatization in the U.S. In general, the FAA is against it, primarily because it wants all the money made at an airport to stay at the airport.