Wednesday, January 18, 2012

Los Angeles says Ontario International Airport (KONT) not for sale

LOS ANGELES -- The Los Angeles operator of Southern California's Ontario International Airport says Ontario city leaders are offering to buy the airport for $50 million but it's not for sale.

Los Angeles World Airports, which operates the Ontario and Los Angeles International airports, says in a statement Tuesday night that the $50 million doesn't come close to the value of the airport or Los Angeles' investment.

The Riverside Press-Enterprise says control of the airport has been an issue since passenger traffic began plunging in 2007. Ontario and other San Bernardino County officials have accused Los Angeles of neglecting Ontario in favor of Los Angeles International Airport.

Ontario International is about 40 miles east of downtown Los Angeles.


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