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Airport Privatization Pilot Program - FAA - faa

Airport Privatization Pilot Program - FAA - faa 2025

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The document outlines the final application procedures for the Airport Privatization Pilot Program established by the Federal Aviation Administration (FAA) under Section 149 of the Federal Aviation Authorization Act of 1996. It details the process for public airport sponsors to apply for exemptions from certain federal requirements when privatizing airports, including submission timelines, evaluation criteria, and conditions for approval. The program allows up to five airports to participate, with specific guidelines on financial arrangements, operational standards, and public outreach efforts. The FAA emphasizes maintaining public access and safety while allowing private operators to manage airport operations.

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Click ‘Get Form’ to open the Airport Privatization Pilot Program application in the editor.
Begin by filling out the 'Parties to the Transaction' section. Include the names and contact details of both the public sponsor and private operator.
In 'Airport Property', provide a detailed description of the airport property being transferred, including maps if available.
Move to 'Terms of the Transfer'. Clearly outline financial terms, including payment amounts and timing, as well as any rights retained by the public sponsor.
Complete 'Qualifications of the Private Operator' by detailing their experience, financial resources, and compliance plans with existing grant assurances.
In 'Requests for Exemption', specify any exemptions requested under § 47134, detailing how airport revenue will be utilized.
Finally, review all sections for accuracy and completeness before submitting your application through our platform.

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Which airports have been privatized?

(a): Airports Authority of India (AAI) has leased out eight of its airports namely, Indira Gandhi International Airport, Delhi, Chhatrapati Shivaji Maharaj International Airport, Mumbai, Chaudhary Charan Singh International Airport, Lucknow, Sardar Vallabhbhai Patel International Airport, Ahmedabad, Mangaluru

What is the current federal airport funding program?

As part of the Infrastructure Investment and Jobs Act, the Airport Infrastructure Grant (AIG) program provides $14.5 billion in funding over five years starting in FY 2022. This includes up to $2.39 billion for primary airports and up to $500 million for nonprimary airports.

What are the benefits of privatizing airports?

Privatized airports were found to have more airlines, lower airfares, greater productivity, and overall greater passenger satisfaction.

What is the FAA airport privatization pilot program?

In 1996, Congress established the Airport Privatization Pilot Program (APPP; 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.

What is the meaning of airport privatization?

The essence of airport privatization is access to private sector capital and expertise, which may lead to a better managed and maintained airport that provides additional benefits to the local community.