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To: faithhopecharity
The LAX People Mover project is financed by a bond issue, which will be paid for by revenues from LAX operations. Fly into or out of LAX, or rent a car or buy a drink at a lounge or a hot dog at a snack bar there and you will be paying a bit for the project and for general support of LAX. As a general LA taxpayer though, you will not be kicking in.

As a general rule, government enterprise operations like airports and utilities are usually well-run because they are structured to run like businesses and to rely on operating revenues instead of taxes. Run the business badly, or overcharge or mistreat the customers and they complain and go elsewhere.

For major commercial airports like LAX, the airlines act as a brake against folly and mismanagement because the airport relies heavily on revenue from landing fees and fuel charges imposed on airlines. In extreme cases, airlines stop reduce their flights to badly run, overly expensive airports. I am confident that the LAX People Mover project would not have gotten off the ground without the approval and support of the airlines who are most on the hook to pay for it.

38 posted on 03/14/2019 5:59:05 PM PDT by Rockingham
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To: Rockingham

Thanks for that info. Still, a one or two mile team inside a single airport is scheduled to cost several times more than congress is willing to allow for our Mexico border fence (just about 2,000 miles). Something to think about


39 posted on 03/14/2019 6:34:10 PM PDT by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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