Stage 1 — Pending
Deal Structuring & Market Sounding
Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.
airport deal
Operator // Delaware River & Bay Authority (DRBA)
ILG is located approximately five miles from the Wilmington City center and 35 miles southwest of Philadelphia. The airport is currently managed and operated by the DRBA under a lease and management agreement which is set to expire on Jun. 30, 2025. The Operations and Maintenance (O&M) for ILG will commence on Jul. 1, 2025. NCC anticipates that if an RFP is issued, the selected respondent will be expected to provide consulting assistance to NCC and their representatives prior to commencement of the ILG management and operational services in the form of an annual budget review of DRBA’s capital improvement budget, review and oversight of management and capital plans and other services as deemed necessary by NCC. Currently, ILG operations are predominantly general aviation focused, however it was handling around 50,000 commercial pax/year before Frontier pulled out in 2015. Frontier announced plans to resume service in Jan. 2020 (pre-pandemic).
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Deal transaction stage will no longer be updated when a deal has been marked as archived.
Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.
Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.
Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.
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