Oceanside looks to private company to run airport
After years of contentious debate over the future of Oceanside Municipal, the city council is negotiating with a private company to operate the airport for as long as 50 years. In a May 14 vote, the Oceanside City Council agreed to negotiate with Airport Property Ventures of Los Angeles, a company that includes former executives of the agency that runs Los Angeles International Airport, to operate Oceanside Municipal. The company asked for a 50-year lease and promised to spend $21 million on airport improvements over the next 25 years. Read more on AOPA Online.
May 23, 2008