by: faa office of airport compliance and field operations, aco-100 date: july 29-30, 2008 federal...
TRANSCRIPT
By: FAA Office of Airport Compliance and Field Operations, ACO-100
Date: July 29-30, 2008
Federal AviationAdministration
Airport Privatization Pilot Program
Chicago Midway International Airport
2 2Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Topics of Discussion
• Federal Review Process
• Timeframe
• Lessons Learned
• Post-Settlement
3 3Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Federal Review
• Regulatory Review
• Solicitation of Public Comment
• DOT/FAA Application Review
4 4Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Regulatory Review
• FAA - Part 139 Airport Operating Certificate
• TSA - Airport Security Plan
5 5Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Public Comment Period
• Open public docket 60 day comment period
• Notice of public hearing
• DOT/FAA public hearing
• Review public comments
6 6Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Application Review and Analysis
• Parties to Transaction
• Airport Property
• Terms of Transfer
• Qualifications of the Private Operator
• Requests for Exemptions
• Air Carrier Approval
• Airport Operation and Development
• Assent to Audit
• Public Comments
7 7Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
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 8Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Timetable
0 20 40 60 80 100 120 140 160
ROD / Settlement / TSA and Part 139 issued
Application Review/ROD development
Contractor prepares hearing transcript
FAA Public Hearing
Notice of Public Hearing
TSA Review of ASP
Part 139 Certification review
Private operator's Partnership Agreement
60-day public comment period
Final application review period
City prepares and submits final application
City selects operator and approves lease
52 days
20 days
20 days
30 days
30 days
15 days
60 days
65 days
60 days
12/17
12/17/08 DOT/FAA
11/14/08 DOT/FAA
10/18/08
10/25/08 DOT/FAA
12/2/08 TSA
12/2/08 FAA
10/27/08 DOT/FAA
12/11/08 DOT/FAA
12/9/08 DOT/FAA
9/29/08 City
9/15/08
Days
8/1/08
10/6/08
10/13/08
10/13/08
11/3/08
11/3/08
10/6/08
10/26/08
10/27/08
CFIUS Initial Review 30 days10/13/08 11/11/08 Treasury
9 9Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
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 10Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
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 11Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
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 12Federal AviationAdministration
FAA Airport Privatization Pilot Program
July 29-30, 2008
Airport Compliance Program
http://www.faa.gov/airports_airtraffic/airports/airport_obligations/