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Midway Airport receives third extension for privatisation timeline

2-Aug-2010 12:29 PM

USChicago City Council received its third extension for the privatisation of Chicago Midway Airport with the council to update the Federal Aviation Administration on its new strategy by 30-Nov-2010 (Dow Jones, 30-Jul-2010). The council previously attempted to privatise the airport in early 2009 but plans fell through after the winning bidders failed to secure sufficient funding.

Chicago City Council:The city continues its review of market and other factors and has not yet made a decision on its next step to complete the privatisation of the airport. The city will report by 30-Nov-2010, on further developments.” Spokesperson, Chicago City Council.