VI. Privatization Problems to Resolve

The Basic Agreement which exists between the Metro Airport and the airlines provides considerable control by the airlines who serve Metro airport. Recent bond sales to the public include covenants which effectively prohibit the sale of the airport. [38] Thus, to be privatized, arguments must be made which demonstrate to the airlines and bondholders that privatization is in their best interest, as well as the best interest of the airport users and taxpayers of Wayne County. The Basic Agreement between the airlines and the airport can be dissolved only if all parties agree.