Once Booming Van Nuys Airport Flies Into Stormy Skies

Corny headline, but a good story from the Los Angeles Daily News about the loss of traffic and flight schools from Van Nuys airport during the recession. Some of the airport's supporters,including legend Clay Lacy, say is tone deaf management by Los Angeles World Airports is also to blame. The reality? The airport earned 18 million dollars in the 2009-10 fiscal year, compared to 8 to 9 million in 1999-00 fiscal year. Why the difference? Corporate jet fees and rents bring in much more money… (www.dailynews.com) Mehr...