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6 groups want to purchase Midway Airport

Source: BY FRAN SPIELMAN, Chicago Sun Times (IL), April 2, 2008


Six teams -- one including some of the same players who paid $1.82 billion to lease the Chicago Skyway -- will vie for the right to make Midway Airport the nation's first privately-run commercial airport.

....... Roughly $1.3 billion of the windfall will be used to pay off Midway Airport debt. Up to half of the net proceeds will be used to shore up under-funded city employee pension funds. The rest will be used to build libraries, parks, schools, museums, police and fire stations.