24-Dec-2009 12:26 PM
FAA accepts application from San Juan Luis Munoz Marin Airport to enter privatisation programme
US FAA accepted a preliminary application to enter Puerto Rico's San Juan Luis Munoz Marin International Airport into its pilot airport-privatisation programme, meaning the airport can start accepting bids from private investors to operate the airport (Dow Jones, 23-Dec-2009). FAA is still required to approve any management deal. The airport is the third in the programme, following Chicago Midway Airport and New Orleans Louis Armstrong International Airport.