Tweed New Haven Airport's innovative public-private lease scheme
The US airport privatisation process, which began in 1996 as a pilot programme and was dragged screaming into the 21st century in 2019 by way of a revamped procedure, remains in limbo. At the same time, the number of public-private deals to build and operate airport infrastructure has been increasing quickly.
Now a small, secondary level airport in Connecticut, with a handful of air services each week, has come up with an innovative deal with its existing operator to build a runway extension and associated infrastructure to service the needs of a start-up low cost carrier based on the other side of the country, and with that operator taking on much of the risk.
For all parties it is either a masterstroke or a disaster waiting to happen.
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