Amid one of the worst economic downturns in the history of the airline industry, Los Angeles International Airport is shedding passengers faster than its peers across the country, threatening the revenue stream needed to modernize its aging facilities.
In downturn, LAX in tough fix on improvements
Executives say tighter borrowing costs and a drop in passenger and cargo volume in the near term won't halt crucial upgrades. Mayor Villaraigosa is expected to unveil designs this month.
Amid one of the worst economic downturns in the history of the airline industry, Los Angeles International Airport is shedding passengers faster than its peers across the country, threatening the revenue stream needed to modernize its aging facilities.
Amid one of the worst economic downturns in the history of the airline industry, Los Angeles International Airport is shedding passengers faster than its peers across the country, threatening the revenue stream needed to modernize its aging facilities.
