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Chicago considers privatizing Midway Airport
CHICAGO, Jan. 19 () -- The city of Chicago said it is exploring the possibility of privatizing operations at Midway International Airport, the country's 26th-busiest airport.The city has posted a notice requesting companies express interest in the possibility of bidding to take over Midway with a 40-year lease, the Chicago Tribune reported Saturday.The so-called request for qualifications stipulates that revenue from running Midway must be shared with the city on an ongoing basis, as opposed to paying the city up front.The city -- which has incurred $1.4 billion in debts since rebuilding the airport in 1996 -- is seeking guarantees on prices for parking and concessions.The city's 75-year agreement on parking meter operations,[url=http://www.christianelouboutinoutlet.com]Christian Louboutin Discount[/url], agreed to during former Mayor Richard Daley's tenure,[url=http://www.christianslouboutinsales.com]Christian Louboutin Sale[/url], pushed parking prices sharply higher. Mayor Rahm Emanuel's administration is trying to avoid signing a deal that would increase prices significantly, the newspaper said.