We are closer to ONTARIO International Airport

Source: http://campaign.r20.constantcontact.com/render?m=1105372884103&ca=08972415-189d-486f-9904-511312a3d850, via https://www.facebook.com/OntarioOIAA/posts/1411270605566014

FOR IMMEDIATE RELEASE
News Media Contact:
Amy Goethals
(909) 395-2496
AGoethals@ontariooiaa.com

Federal legislation facilitating transfer of ONT
to local control wins final approval

FAA bill now goes to President for signing

ONTARIO, Calif. - July 13, 2016 -- Ontario International Airport Authority (OIAA) officials hailed final passage today of federal legislation facilitating the transfer of Ontario International Airport (ONT) to local control.

The legislation for ONT was included in a bill to extend the Federal Aviation Administration's (FAA) programs and policies beyond Friday. Leading the effort to include the ONT provision in the bill were Rep. Ken Calvert (D-CA42) and Sen. Dianne Feinstein (D-CA). The bill passed in the House on a voice vote Monday and was approved in the Senate today on a 89-4 vote. It now goes to President Obama to be signed into law.

"This is a landmark day in Southern California aviation," said Alan D. Wapner, OIAA President and Ontario City Council Member. "We are grateful for the tremendous bipartisan support this legislation received from throughout the Southland. It completes the funding plan for the transfer of ONT from Los Angeles World Airports to the OIAA, which we continue to expect will be completed in the second half of this calendar year."

The legislation allows future passenger facility charges (PFCs) collected at ONT to be used at Los Angeles International Airport (LAX) as repayment for PFCs previously collected at LAX and used at ONT.

As one of the last steps before the airport transfer, the OIAA has already begun arrangements for issuance of bonds backed by airport revenues to replace existing airport debt of approximately $56 million.

The FAA continues to work closely with the OIAA and LAWA to provide a seamless transition of airport sponsors from LAWA to the OIAA. The FAA will issue a Part 139 Airport Operating Certificate to the OIAA concurrent with the transfer.

About the Ontario International Airport Authority

The City of Ontario and San Bernardino County formed the OIAA in August 2012 by enacting a Joint Powers Agreement. The OIAA provides overall direction for the management, operations, development and marketing of ONT for the benefit of the Southern California economy and the residents of the airport's four-county catchment area. Commissioners are Ontario Council Member Alan D. Wapner (President), Ontario Council Member Jim W. Bowman, San Bernardino County Supervisor Curt Hagman, Retired Riverside Mayor Ronald O. Loveridge (Vice President) and Orange County Business Council President/CEO and California Transportation Commission Chair Lucy Dunn (Secretary).

About Ontario International Airport

ONT is located in the Inland Empire, approximately 35 miles east of downtown Los Angeles in the center of Southern California. It is a medium-hub, full-service airport with direct commercial jet service to 14 U.S. and Mexico cities. There are 61 daily departures offered by seven air carriers. ONT's service area includes a population of six million in San Bernardino and Riverside counties, and portions of Orange and Los Angeles counties. It currently is operated by Los Angeles World Airports, a City of Los Angeles agency also operating Los Angeles International and Van Nuys airports. Beginning in the second half of 2016, subject to FAA approval, ONT will be owned and operated by the Ontario International Airport Authority under a Joint Powers Agreement enacted by the City of Ontario and the County of San Bernardino.