{ "id": "R43545", "type": "CRS Report", "typeId": "R", "number": "R43545", "active": true, "source": "CRSReports.Congress.gov, EveryCRSReport.com, University of North Texas Libraries Government Documents Department", "versions": [ { "source_dir": "crsreports.congress.gov", "title": "Airport Privatization: Issues and Options for Congress", "retrieved": "2021-04-16T04:03:36.535190", "id": "R43545_13_2021-03-11", "formats": [ { "filename": "files/2021-03-11_R43545_9e581d331b660192c725c3647d0c542bf6c9f45f.pdf", "format": "PDF", "url": "https://crsreports.congress.gov/product/pdf/R/R43545/13", "sha1": "9e581d331b660192c725c3647d0c542bf6c9f45f" }, { "format": "HTML", "filename": "files/2021-03-11_R43545_9e581d331b660192c725c3647d0c542bf6c9f45f.html" } ], "date": "2021-03-11", "summary": null, "source": "CRSReports.Congress.gov", "typeId": "R", "active": true, "sourceLink": "https://crsreports.congress.gov/product/details?prodcode=R43545", "type": "CRS Report" }, { "source": "EveryCRSReport.com", "id": 465502, "date": "2017-08-16", "retrieved": "2017-10-02T22:43:56.893846", "title": "Airport Privatization: Issues and Options for Congress", "summary": "In 1996, Congress established the Airport Privatization Pilot Program (APPP; 49 U.S.C. \u00a747134; Section 149 of the Federal Aviation Reauthorization Act of 1996, P.L. 104-264) to increase access to sources of private capital for airport development and to make airports more efficient, competitive, and financially viable. Participation in the program has been very limited, in good part because major stakeholders have different, if not contradictory, objectives and interests.\nOnly two U.S. commercial service airports have completed the privatization process established under the APPP. One of those, Stewart International Airport in New York State, subsequently reverted to public ownership. Luis Mu\u00f1oz Mar\u00edn International Airport in San Juan, Puerto Rico, is now the only airport with a private operator under the provisions of the APPP.\nAs of August 2017, there are three active applicants in the APPP: Hendry County Airglades Airport in Clewiston, FL; Westchester County Airport in White Plains, NY; and St. Louis Lambert International Airport in St. Louis, MO.\nIncreasing interest in airport privatization is likely to require a number of significant policy changes, including the following:\nMaking privatization more attractive to public-sector owners by facilitating the use of privatization revenue for non-airport purposes.\nProviding similar tax treatment to bonds issued by public-sector and private-sector airport operators, as public-sector operators now have access to less costly long-term finance than private operators.\nEasing requirements for private owners to comply with assurances previously made by public-sector owners to obtain federal Airport Improvement Program (AIP) grants.\nAccelerating the application and approval procedures for the APPP.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R43545", "sha1": "0fac62b9f51338956c46f31f881e4e88c9a39007", "filename": "files/20170816_R43545_0fac62b9f51338956c46f31f881e4e88c9a39007.html", "images": { "/products/Getimages/?directory=R/html/R43545_files&id=/0.png": "files/20170816_R43545_images_9a0c055c92c67b7834ad66481b2e9e5a3656ffb8.png" } }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R43545", "sha1": "897aaebd79b8f7d842ca763bc8f8d8183baa5182", "filename": "files/20170816_R43545_897aaebd79b8f7d842ca763bc8f8d8183baa5182.pdf", "images": {} } ], "topics": [ { "source": "IBCList", "id": 4766, "name": "Aviation" } ] }, { "source": "EveryCRSReport.com", "id": 450659, "date": "2016-02-03", "retrieved": "2016-04-06T17:18:16.183468", "title": "Airport Privatization: Issues and Options for Congress", "summary": "In 1996, Congress established the Airport Privatization Pilot Program (APPP; 49 U.S.C. \u00a747134; Section 149 of the Federal Aviation Reauthorization Act of 1996, P.L. 104-264) to increase access to sources of private capital for airport development and to make airports more efficient, competitive, and financially viable. Participation in the program has been very limited, in good part because major stakeholders have different, if not contradictory, objectives and interests.\nOnly two U.S. commercial service airports have completed the privatization process established under the APPP. One of those, Stewart International Airport in New York State, subsequently reverted to public ownership. Luis Mu\u00f1oz Mar\u00edn International Airport in San Juan, Puerto Rico, is now the only airport with a private operator under the provisions of the APPP.\nIncreasing interest in airport privatization is likely to require a number of significant policy changes, including the following:\nMaking privatization more attractive to public-sector owners by facilitating the use of privatization revenue for non-airport purposes.\nProviding similar tax treatment to bonds issued by public-sector and private-sector airport operators, as public-sector operators now have access to less costly long-term finance than private operators.\nEasing requirements for private owners to comply with assurances previously made by public-sector owners to obtain federal Airport Improvement Program (AIP) grants.\nAccelerating the application and approval procedures for the APPP.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R43545", "sha1": "6e8c19b2807450ef36c41c40437112407ab6a23b", "filename": "files/20160203_R43545_6e8c19b2807450ef36c41c40437112407ab6a23b.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R43545", "sha1": "0a19b0f7d759af1519f81b1de1953bc9555fff06", "filename": "files/20160203_R43545_0a19b0f7d759af1519f81b1de1953bc9555fff06.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 3281, "name": "Aviation Policy" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc306492/", "id": "R43545_2014May12", "date": "2014-05-12", "retrieved": "2014-07-08T21:53:44", "title": "Airport Privatization: Issues and Options for Congress", "summary": "This report discusses airport privatization, particularly the low participation in the Airport Privatization Pilot Program (APPP) and the policy changes that would be required to encourage more airports to privatize. It provides background on privatization in general, the APPP and reasons why it has not stimulated privatization, privatization in Europe and Canada, and related issues and options.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20140512_R43545_2e61e3e2fa34de1b957f696cac8fe5e66c81bfcd.pdf" }, { "format": "HTML", "filename": "files/20140512_R43545_2e61e3e2fa34de1b957f696cac8fe5e66c81bfcd.html" } ], "topics": [ { "source": "LIV", "id": "Airports", "name": "Airports" }, { "source": "LIV", "id": "Privatization", "name": "Privatization" }, { "source": "LIV", "id": "Public contracts", "name": "Public contracts" } ] } ], "topics": [] }