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Airport Privatization Pilot Program

Airport Privatization Pilot Program. Chicago Midway International Airport. Topics of Discussion. Federal Review Process Timeframe Lessons Learned Post-Settlement. Federal Review. Regulatory Review Solicitation of Public Comment DOT/FAA Application Review. Regulatory Review.

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Airport Privatization Pilot Program

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  1. Airport Privatization Pilot Program Chicago Midway International Airport

  2. Topics of Discussion • Federal Review Process • Timeframe • Lessons Learned • Post-Settlement

  3. Federal Review • Regulatory Review • Solicitation of Public Comment • DOT/FAA Application Review

  4. Regulatory Review • FAA - Part 139 Airport Operating Certificate • TSA - Airport Security Plan

  5. Public Comment Period • Open public docket 60 day comment period • Notice of public hearing • DOT/FAA public hearing • Review public comments

  6. Requests for Exemptions Air Carrier Approval Airport Operation and Development Assent to Audit Public Comments Application Review and Analysis • Parties to Transaction • Airport Property • Terms of Transfer • Qualifications of the Private Operator

  7. Federal Documents at Settlement • Record of Decision including Findings and Exemptions granted • Response to Public Comments • Environmental Review • Part 139 Airport Operating Certificate • TSA Approval

  8. Timetable City selects operator and approves lease 9/15/08 8/1/08 City prepares and submits final application 9/29/08 City 60 days Final application review period 10/6/08 12/9/08 DOT/FAA 65 days 10/13/08 60-day public comment period 12/11/08 DOT/FAA 60 days 10/13/08 CFIUS Initial Review 11/11/08 Treasury 30 days 10/13/08 Private operator's Partnership Agreement 10/27/08 DOT/FAA 15 days Part 139 Certification review 12/2/08 FAA 11/3/08 30 days 11/3/08 TSA Review of ASP 12/2/08 TSA 30 days 10/6/08 Notice of Public Hearing 10/25/08 DOT/FAA 20 days FAA Public Hearing 10/18/08 Contractor prepares hearing transcript 10/26/08 11/14/08 DOT/FAA 20 days 10/27/08 Application Review/ROD development 12/17/08 DOT/FAA 52 days ROD / Settlement / TSA and Part 139 issued 12/17 0 20 40 60 80 100 120 140 160 Days

  9. Lessons Learned • Meet with DOT and FAA after filing application • Ensure proposal and application are consistent with lease • Disclose all agreements and sources of revenue • Provide a business plan and financial statements • Provide a management plan for the operation of the airport

  10. Post Settlement • Airport compliance program • Private operators* of Federally obligated airports are subject to the same regulatory oversight as public operators * With the exception of the exemptions issued under Title 49 Section 47134

  11. Airport Compliance Program • Airport Sponsor Grant Assurances • FAA Order 5190.6A, Airport Compliance Requirements • Policy and Procedures Concerning Use of Airport Revenue, Federal Register Notice Vol. 64, February 16, 1999 • Policy Regarding Airport Rates and Charges, Federal Register Notice, Vol. 61, June 21, 1996 and July 10, 2008 Amendment

  12. Airport Compliance Program http://www.faa.gov/airports_airtraffic/airports/airport_obligations/

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