Originally published at: FAA Looks to Private Capital for Airport Projects
Agency event focuses on supplementing traditional funding for airport development.
Copying Carney?
(Whose arithmetic doesn’t make sense as he won’t sell the land of airports like YVR and YYJ that are run by local consortiums of governments and professional groups. (Accounting and Engineering licensing organizations for example. I do not know the debt load of such airports.)
FAA’s proposal ability to sell something - does that include primary land (runways and control towers)? Probably not.
As for non-aviation use of some of the land, there are airports with activities like storage and manufacturing because there is not enough aviation demand.
Of course Canada created a separate non-profit no-shares organization to run the ATC system.
After a bit of vibration after startup it has worked well for decades. Depends on cooperation between ‘stakeholders’ in the management consortium - airlines through organizations, GA through organizations, unions.
Nav Canada improved service and sought revenue (it improved handling of flights so that more would come through its airspace thus increase fees). GA pilots may not like paying fees for service.
The federal government has safety oversight.
What could possibly go wrong with accepting private money for public infrastructure?