FAA Approves Privatization Of Chicago's Midway Airport | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 07.20.15

Airborne 07.21.15

Airborne 07.22.15

Airborne 07.23.15

Airborne 07.24.15

Airborne Hi-Def On YouTube

Airborne 07.20.15

Airborne 07.21.15

Airborne 07.22.15

Airborne 07.23.15

Airborne 07.24.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Tue, Jan 22, 2013

FAA Approves Privatization Of Chicago's Midway Airport

City Immediately Solicits Bids To Operate The Facility

The FAA on Friday gave its approval to the city of Chicago to transfer Midway Airport to a private management firm, and the city immediately opened the bidding process for a contract.

The FAA said in a brief statement that Chicago "can take the next steps to select a private airport operator." The Associated Press reports that Mayor Rahm Emanuel says he hopes the initial contract will generate enough revenue to retire the airport's approximate $1.4 billion debt to the city. Emanuel said he is seeking a company that will sign a 40 year lease with the city to operate the airport. A 59-page document was posted almost immediately after the FAA's memo approving the process was received.

Midway Airport is 85 years old, and saw nearly 20 million passengers last year, according to airport officials. The RFP document calls the airport an "excellent investment opportunity for the private sector."

Companies interested in running the airport have to have their initial proposals to the city by February 22nd. Final bids will be due later this year, though a firm date has not been set. Given the review periods and regulatory approval needed to transfer the airport to private management, there is no timeline for when a private company might actually begin to operate the airport.

FMI: www.faa.gov/airports/airport_compliance/privatization/

Advertisement

More News

Airborne At OSH15 Day 5 Redux: Inhofe's Mission, NextGen GA Fund, New Kitfox

Also: Cicare 8, Switchblade Update, Beringer Alaskan Bush Gear, Jack Pelton Interview - Final E-I-C Note: Regularly Daily Airborne Unlimited Programming will resume this Monday now>[...]

Klyde Morris 07.31.15

Precision Targeting, Or Just Blind Luck? FMI: www.klydemorris.com>[...]

AD: Turbomeca S.A. Turboshaft Engines

AD NUMBER: 2015-13-04 PRODUCT: All Turbomeca S.A. Arriel 1A1, 1A2, 1B, 1C, 1C1, 1C2, 1D, 1D1, 1E2, 1K1, 1S, 1S1, 2B, 2B1, 2C, 2C1, 2C2, 2S1, and 2S2 turboshaft engines.>[...]

AD: The Boeing Company Airplanes

AD NUMBER: 2015-13-06 PRODUCT: Certain Boeing Model 747-400 and 747-400F series airplanes.>[...]

ANN's Daily Aero-Linx (07.31.15)

KRnet - Mailing List for KR Experimental Aircraft Builders and Pilots KRnet is a free Internet mailing list devoted to helping KR builders and pilots to construct and fly their KR >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC