FAA: Airport did not violate regulations
by Mindy Aguon
Guam - After a two-month probe into a lease agreement for a cargo facility, the Federal Aviation Administration has cleared the Guam International Airport Authority. Back in January the FAA received multiple complaints from former GIAA Board Chair Michael Ysrael and local businessman Al Ysrael. The two submitted complaints about the airport's lease agreement over the Pac Air cargo facility.
Al Ysrael had called the agreement a "sweetheart deal for everyone else but the airport". Ysrael was concerned that the agreement had been changed multiple times making the terms better for the tenant and no benefit for the airport and without a request for proposal.
But after requesting a number of documents from GIAA, GIAA General Manager Chuck Ada told the board Thursday that the FAA issued a ten page response and found that the airport did not violate any federal regulations and any grant obligations.