DOT: San Juan Airport Can Move Forward With Privatization | 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 05.18.15

Airborne 05.26.15

Airborne 05.27.15

Airborne 05.21.15

Airborne 05.22.15

Airborne Hi-Def On YouTube

Airborne 05.18.15

Airborne 05.26.15

Airborne 05.27.15

Airborne 05.21.15

Airborne 05.22.15

 

Wed, Feb 27, 2013

DOT: San Juan Airport Can Move Forward With Privatization

Puerto Rican Company Granted A 40 Year Lease For The Facility

Department of Transportation (DOT) Secretary Ray LaHood (pictured) has approved a plan that would allow the Puerto Rico Port Authority (PRPA) and its selected operator to move forward with their privatization of Luis Muñoz Marìn International Airport in San Juan, Puerto Rico.

The secretary's decision and exemptions with specific conditions are based on the FAA Airport Privatization Program requirements that the selected private operator is qualified to operate the airport, meets federal expectations regarding grant assurances, and can comply with general statute requirements relating to airports.

The PRPA proposes to lease the airport to Aerostar, a limited liability company organized under the laws of the Commonwealth of Puerto Rico, for 40 years. Under the terms of the lease, Aerostar will take possession of the property, manage, develop, and operate the airport, hold the Part 139 Operating Certificate, and manage the Part 1542 Airport Security Program. The company will be eligible to impose Passenger Facility Charges, and would be considered a sponsor for receipt of federal grants under the AIP.

The FAA has the right to conduct periodic audits of the financial records and operations of the airport.

FMI: www.faa.gov

Advertisement

More News

Airborne 05.26.15: S-97 1st Flt, SpaceShipTwo Progress, CO NIMBYs Lose In Court

Also: Sprite UAV, Aero-Calendar, USAF Theater, Aussie F-35, ISS Hacked?, DuPage Airport, ND UAVs Innovation in vertical lift flight took place as Sikorsky Aircraft announced the su>[...]

Aero-Help Wanted: ANN Needs A Good Honest Marketing Manager

ANN/Aero-TV Marketing Department Needs Part or Full Time Personnel E-I-C Note: After months of hints, we've unveiled the beginnings of the 'Airborne Unlimited' project and we're ex>[...]

AeroSports Update: Jimmy StewartÂ’s Twin Cessna To Be Restored

Pennsylvania EAA Chapter To Restore The Actor's Cessna 310 Hollywood motion pictures can make heroes out of the most unlikely people, and we have certainly seen that in many poorly>[...]

ANN's Daily Aero-Linx (05.27.15)

Cockpit Footage TBM Avenger Emergency Landing Arsenal Of Democracy VE Day Flyover This is the Emergency Landing at DCA, Reagan National, of the Military Aviation Museum TBM Avenger>[...]

ANN's Daily Aero-Term (05.27.15): Negative

Contradicts a previous statement by the other speaker.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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