St. Louis airport privatization drawing big investor interest, consultant says

The prospect of privatizing St. Louis Lambert International Airport has generated significant interest among potential investors, according to a firm advising the city on whether to privatize the airport.

For the last few months, St. Louis has been exploring the possibility of leasing the airport to a private operator.

The opportunity has has drawn attention from airport operators, infrastructure fund managers and pension funds, according to Glenn Muscosky of Moelis & Company, one of the consultants hired to explore privatization.

Muscosky said prospective investors are interested not only in the airport, but also in opportunities tied to unused land surrounding the facility.

The city could issue a request for qualifications early next year, the city’s budget director said Wednesday.

Read more: St. Louis Post-Dispatch

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