Deal Is Reached to Pare L.A. Airport Modernization

Saskal, Rich
December 2005
Bond Buyer;12/5/2005, Vol. 354 Issue 32271, p4
Trade Publication
The article reports on the tentative settlement between officials and opponents of an expanded Los Angeles International Airport in California. The settlement places most elements of a planned modernization program on the back burner. Los Angeles Mayor Antonio Villaraigosa criticized the modernization program, which was put forth under former Mayor James Hahn, who lost his re-election bid to Villaraigosa. The settlement is likely to push any major capital investment for the airport's terminal areas further into the future.


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