ST. LOUIS (AP) — The St. Louis mayor is pulling the plug on an airport privatization effort because of a lack of support.
Mayor Lyda Krewson said Friday she’s determined that there is “very little support for moving forward with a private operator” for St. Louis Lambert International Airport after listening to members of the public, business leaders and other political leaders.
She said she is sending a letter to members of the Airport Advisory Working Group, asking that her representative, Linda Martinez, not support or vote to move forward with issuing a request for proposals. the St. Louis Public Radio reports.
Krewson has previously been in favor of exploring the process to see if it could result in a good deal for the city — canceling nearly $600 million in airport debt and bringing in up to $2 billion in net proceeds.
