Privatizing airports 'a bad idea'

Talk of a federal government plan to privatize Canadian airports is ringing alarm bells among airlines, airport operators and some municipalities, who say the move would lead to higher costs for travellers. 

“We think it’s a bad idea,” Craig Richmond, the chief executive officer of the Vancouver Airport Authority, told the Star. “This idea of a one-time payment, that’s like selling the family jewels and then regretting it forever,” he said in an interview.

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