Wednesday, September 23, 2009

Airport to seek privatization bids

NEW ORLEANS - Local officials intend to find out whether investors are interested in making Louis Armstrong International Airport the nation's first privately operated airport. The Federal Aviation Administration this month accepted the local airport's preliminary application to participate in a pilot privatization program that the FAA authorized for U.S. airports in 1997. Airport officials now can begin a bidding process. (Source: New Orleans Times-Picayune, 09/23/09)