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 07.25.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.25.14 **
** Airborne 07.23.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.23.14 **
** Airborne 07.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.21.14 **

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

Opening Day Is Just Moments Away

AirVenture Is Coming To Life At Wittman Regional Airport There was a high overcast over Wittman Regional Airport Saturday afternoon, and a breeze from west was threatening to bring>[...]

AOPA Exits EFB Market

Apps Will Transition To Outside Company AOPA is exiting the electronic flight bag (EFB) market, and the association’s existing products, the FlyQ EFB iPad application and rel>[...]

Aero-News: Quote Of The Day (07.27.14)

"The AEA is thrilled to debut this year's Pilot's Guide to Avionics at AirVenture, and our staff looks forward to giving complimentary copies to all the pilots and aircraft owners >[...]

Polk County FL Sheriff Takes Delivery Of Second MD500E

New Helicopter To Increase Support, Safety And Effectiveness Of Law Enforcement Missions MD Helicopters held a ceremonial delivery of a new MD 500E helicopter for the Polk County, >[...]

New Edition Of AEA's Pilot's Guide To Avionics Available At Oshkosh

Free Distribution Begins At AirVenture Published annually by the Aircraft Electronics Association, the 2014-15 edition of the Pilot's Guide to Avionics will be unveiled with free d>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC