Luis Muñoz Marín International Airport
The Luis Munoz Marin International Airport is located in Carolina, Puerto Rico, just three miles from the capital city of San Juan. It is the busiest airport in the Caribbean and has the largest air cargo operation in Puerto Rico. The most recent demand projections estimate that by 2024 traffic will be at 17.9 million passengers and 1,900 pounds of cargo. The Airport is the main entry point to the Island, both domestically and internationally.
For fiscal year 2009, there were 25 airlines providing service to the airport. Classified by the Federal Aviation Administration (FAA) as an installation of medium activity in the 2008 calendar year, the airport was ranked number 41 nationally in the total movement of passengers, with 4,635,798 boardings (FAA CY 2008 Passenger Boarding (Enplanement) and All-Cargo Report). During fiscal year 2009, the airport handled 222,932 short tons of cargo. The main market for origination and destination (O&D) that serves the airport is Florida, followed by New York and New Jersey.
On December 22, 2009, the Federal Aviation Administration (FAA) accepted the application submitted by the Port Authority regarding the intention to establish a PPP. All documents related to this request are public and can be accessed using FAA code 2009-1144 through www.regulations.gov.
The Government Advisory Team for this procurement is:
- Financial and Procurement Advisor: Credit Suisse Securities (USA)
- Technical Advisor: LeighFisher (formally Jacobs Consultancy)
- Local Legal Counsel: Pietroantoni, Mendez & Alvarez
- US Legal Counsel: Mayer Brown
The FAA approved the Puerto Rico’s Luis Muñoz Marín International Airport PPP Project
In a groundbreaking transaction, Puerto Rico reached FAA approval and financial close of the Luis Muñoz Marín International Airport PPP project. This paves the way for turning the Airport into a world-class facility.
Click below for the official FAA documents.