Airlines Threaten Price Hike If LAX Raises Their Rent

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nbc4.tv
Airlines Threaten Price Hike If LAX Raises Their Rent

November 21, 2006

LOS ANGELES -- Airlines will have to pay far more to operate at Los Angeles International Airport under a new leasing policy approved by airport commissioners -- and some carriers said passengers would feel the difference, it was reported Tuesday.

The new policy could more than double the amount of rent and other fees that some carriers pay for their space at LAX, the Daily Breeze reported.

Airport managers say they need to raise the rents to better reflect the costs of running and improving the airport.

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