News

It's good to see negotiations over Ontario airport heating up: Opinion

April 12, 2013

Not only did Ontario reject Los Angeles World Airport's offer to sell L.A./Ontario International Airport back to Ontario for $474.5 million, but the inland city followed up with the precursor to a lawsuit against LAWA and the city of Los Angeles -- much to the dismay of L.A. City Administrative Officer Miguel Santana.

ONTARIO AIRPORT: City demands LA relinquish airport

April 11, 2013

The city of Ontario filed a claim Thursday, April 11, demanding that Los Angeles immediately transfer ownership of Ontario International Airport, citing the failure of the two cities to reach an agreement after years of negotiations to restore local control of ONT.

The future of the Inland airport is in jeopardy as long as Los Angeles World Airports holds onto it and refuses to rebuild air service while focusing its efforts on improving LAX, Ontario’s claim says.

LAWA owns both airports, which Ontario’s lawyer called an untenable conflict of interest.

Ontario points out L.A.'s 'colonial governor' approach to ONT

April 11, 2013

It may be pointless for someone who's not an attorney to evaluate a claim submitted to a city as a precursor to a lawsuit.

But to a layman's eye, the city of Ontario lays out a pretty strong case in the administrative claim it submitted Thursday to Los Angeles World Airports and the city of Los Angeles.

The claim followed by one day Ontario's letter to LAWA officially rejecting an offer the agency had made to sell L.A./Ontario International Airport back to Ontario for a lump sum of $474.5 million.

Oakland's airport rebounds while ONT's management dithers: Opinion

April 8, 2013

Back in 2009, when L.A./Ontario International Airport's tailspin was in its early stages, the L.A. agency that runs it pointed to Oakland's airport's similar decline in explaining that a down economy was hitting all mid-size airports hard.

At the time, Oakland's traffic had fallen to 9.5 million passengers from 11 million in 2008. ONT's traffic dropped to 4.8 million in 2009, down from 6.2 million in 2008 and 7.2 million in 2007.

Which price is right for ONT? Opinion

April 4, 2013

Well, at least now we know what L.A./Ontario International Airport is worth.

Let's see ...

ONT is worth $605 million, according to the experts hired by its operator, Los Angeles World Airports.

Oh, wait, the airport has negative value - something between minus-$78 million and minus-$104 million - according to the experts hired by the Ontario International Airport Authority, which wants to wrest control of the airport from LAWA by sale or other means.

Hmmmmm.

New negotiating ploy: "You'd have to pay us to take that airport off your hands! "

Inland Empire officials criticize L.A.'s terms on Ontario airport

April 3, 2013

Mayor Villaraigosa and Los Angeles World Airports say the price for the struggling facility must help cover the cost of improvements, but Inland Empire officials counter that it has a negative market value.

Inland Empire officials seeking control of LA/Ontario International Airport are balking at an unprecedented demand by Los Angeles that they buy the struggling operation for hundreds of millions of dollars.

Study: Ontario International Airport value drops into the red

April 3, 2013

ONTARIO -- The Ontario International Airport Authority has conducted its own study of L.A./Ontario International Airport and found it would cost more to operate than it is worth if the medium hub facility were privatized.

If Los Angeles World Airports, operators of the airport, transferred it to a local authority using a profit-making model, ONT's value would range from negative-$78 million to negative-$104 million, according to the study.

ONT passenger totals continue to fall

April 2, 2013

ONTARIO -- The passenger numbers keep getting smaller - 8.6 percent if you are talking about the amount of fewer travelers who used LA/Ontario International Airport the first two months of this year compared to the same time frame in 2012.The passenger traffic figures released by Los Angeles World Airports on Tuesday shows an 8.2 percent drop in travelers flying in and out of ONT this past February compared to the same month in 2012.

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