Chicago Politics As Usual? Former Mayor's Son Profited From Airport Wi-Fi Deal | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-12.01.25

AirborneNextGen-
12.02.25

Airborne-Unlimited-12.03.25

Airborne-FltTraining-12.04.25

AirborneUnlimited-12.05.25

AFE 2025 LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Wed, Jun 08, 2011

Chicago Politics As Usual? Former Mayor's Son Profited From Airport Wi-Fi Deal

Patrick Daley Realizes Over $700,000 From Concourse Communications

The son of former Chicago Mayor Richard M. Daily was not listed as an investor in Concourse Communications when it was awarded a contract for Wi-Fi services at O'Hare and Midway airports. But Patrick Daley did serve as a liaison between the company and its investors, and reportedly walked away with nearly $709,000 when the company was sold in 2006.

The company was sold to Boingo Wireless Inc. less than a year after it was awarded the contract, according to a report in the Chicago Sun-Times. Daley received five payments over 17 months from the deal, totalling $708,999. Some of that was paid while Daley served in the U.S. Army.

Mayor Daley's press secretary told the paper in 2007 that the younger Daley had "no financial interest" in the deal. It is still unclear exactly how the deal was structured, though Patrick Daley's payment was reportedly tied to the sales price. It appears to have been the result of his involvement with a venture capital firm in Chicago.

The two Daleys now work together on "international business deals."

 FMI: www.cityofchicago.org

Advertisement

More News

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

NTSB Prelim: Rutan Long-EZ

The Pilot Attempted Several Times To Restart The Engine And Diverted To Long Beach Airport/Daughtery Field On October 20, 2025, about 1603 Pacific daylight time, an experimental am>[...]

ANN's Daily Aero-Term (12.05.25): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

Aero-News: Quote of the Day (12.05.25)

"The latest development underscores the government of Malaysia’s commitment in providing closure to the families affected by this tragedy..." Source: From statements made by >[...]

Airborne-Flight Training 12.04.25: Ldg Fee Danger, Av Mental Health, PC-7 MKX

Also: IAE Acquires Diamond Trainers, Army Drones, FedEx Pilots Warning, DA62 MPP To Dresden Tech Uni The danger to the flight training industry and our future pilots is clear. Dona>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC