Aerostar Airport Holdings (AAH) and partners Highstar Capital and Aeroportario del Sureste are seeking US FAA approval of a pending application for the 40-year lease of San Juan Luis Munoz Marin International Airport (SJU) in Puerto Rico. The applicants put their case at a public meeting last month. If the application is approved, AAH would be the first private operator of a major airport in over a decade under the FAA Pilot Privatization Program. The transaction is expected to close ...

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