San Juan Airport Privatization Approved by Transportation Dept.
Department of Transportation Secretary Ray LaHood gave his approval to plans to privatize the Luis Muñoz Marìn International Airport in San Juan, Puerto Rico. The airport, which will be managed by Grupo Aeroportuario del Sureste of Mexico and Highstar Capital,…
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The approval is "based on the Federal Aviation Administration (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," said the FAA in a press release. LaHood's decision is (here).