02/13/2013 11:05 am ET

Puerto Rico Moves To Privatize Airport, Finds Mixed Reactions

Last week, Governor Garcia Padilla received his first protest, courtesy of his administration’s support for the public-private partnership (APP in its Spanish acronym) concerning the Island’s main airport, the Luis Muñoz Marin International Airport. The partnership, originally pushed by former Governor Luis Fortuño, and opposed, at the time, by Garcia-Padilla’s party in the run up to the elections, has been embraced by the current governor under the premise that the deal was already signed by the time he came into power. Garcia-Padilla doesn’t fully support the partnership, which would lease the main airport to Aerostar, a Mexican company who manages several airports around the world, for a period of 40 years.

Read more on Politic365