DOT IG Finds $32.7 Million In Lost Revenues, Diversion At Los Angeles Airports

The Los Angeles Department of Airports lost up to $32.7 million in revenues to inappropriate lease terms, overpayment for city services and other forms of revenue diversion from fiscal 1992 through fiscal 1994, the Office of the DOT Inspector General has concluded. In a report to FAA dated Oct. 30...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.