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Old Aug 6, 2015, 8:29 pm
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TWA884
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ABC News:
Los Angeles Agrees to Give up Control of Ontario Airport

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The tentative deal disclosed by the mayors of the two cities calls for Ontario to pay Los Angeles World Airports $190 million over 10 years to reimburse it for the cost of running and improving the airport located 35 miles east of downtown Los Angeles.

The Ontario International Airport Authority also will assume airport debts, bringing the cost of the deal to about $250 million.

The agreement also requires Ontario to take steps to protect jobs of airport employees.

<snip>
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