Chicago privatisation heralds new era of US airport commerce

Gavin Lipsith

18-Apr-2008

Chicago Midway may not be the biggest airport location in the US, but its privatisation could be the first step towards a much-needed commercial approach from US airports

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The travel-retail industry should watch the privatisation process under way at Chicago Midway airport carefully. It may not be the biggest airport location in the US, but its privatisation could

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(1-Oct-2008) - A $2.5bn deal has been struck for the development and operation of the first privatised major airport in Chicago.
(8-Apr-2008) - Six groups under review in first lease of a big US airport
(11-May-2002) - Despite the slump in air travel, retail revenues at Chicago O'Hare airport rose slightly by 2% in 2001 while sales at Chicago Midway's new concessions triangle, opened July 2001, soared 20% higher than expected