NEW YORK THREATENS AIRPORT PRIVATIZATION

NEW YORK THREATENS AIRPORT PRIVATIZATION

   The City of New York has issued a formal request for proposal to parties interested in running the city’s two largest airports, JFK International and LaGuardia Airport.
   The Port Authority of New York and New Jersey would lose control of the airport when its lease agreement with New York expires in 2015.
   "We’re losing passengers, we’re losing business, and we’re losing
prestige because of the Port Authority’s management," said New York City Mayor Rudolph Giuliani.
   Giuliani claims that the port authority has diverted revenue from JFK
and LaGuardia to Newark International Airport in New Jersey. The mayor’s comments mark an escalation of an ongoing battle among New York and New Jersey politicians over port authority revenue.