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Aircraft and finance. Leasing of Chicago-Midway Airport: MAG renounces, deal suspended

Chicago, USA - "Offers would not meet what taxpayers deserve", the Mayor's office claims

Chicago Mayor Rahm Emanuel decided to suspend the tender to lease Midway Airport, following the renounce of the consortium composed by Industry Fund Management (IFM) and Manchester Airport Group (MAG). In addition to IFM/MAG's, the only other offer was submitted by the consortium of Macquarie Group and Ferrovial. "We looked at the revenues, looked at the costs, and it wasn't working", a source of...

AVIONEWS - World Aeronautical Press Agency - 1154950

AVIONEWS - World Aeronautical Press Agency
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