New Orleans Looks to Go Private

17 September 2009 (Last Updated September 17th, 2009 18:30)

New Orleans Airport in the US is looking to go private, having had a preliminary application accepted by the Federal Aviation Administration (FAA). The application was submitted by New Orleans Aviation Board (NOAB) in August 2009, followed by the completion of a 30-day review by FAA on

New Orleans Airport in the US is looking to go private, having had a preliminary application accepted by the Federal Aviation Administration (FAA).

The application was submitted by New Orleans Aviation Board (NOAB) in August 2009, followed by the completion of a 30-day review by FAA on 8 September.

A private operator will be selected through a two-step bidding process paving the way for a final application submittal to the FAA.

Privatisation could help the airport bring in more private funds, according to reports drawn up on airport privatisation by US Congress.