New management for Juan Santamaría gets final OK
By the A.M. Costa Rica staff (Original here)
The nation’s financial watchdog issued its final approval Thursday for a Houston company to take over management of Juan Santamaría airport.
This means that the new manager will invest up to $180 million to improve the airport.
The new manager will be Houston Airport System Development Corp., which has wide experience in running such operations. The firm will buy out 95 percent of the stock of Alterra Partners, the current manager which has experienced financial problems.