SFO concession deal continues for 10 years


Mayor Gavin Newsom says the deal with the airlines could bring in as much as $330 million over the next decade. All that money goes directly into the city's general fund. The mayor says the payment program has been a major revenue source for the city since it began in 1981.

"$449 million has come into the city's general fund to provide for recreational park programs, to provide for health programs, to provide services for homeless, seniors and the disabled. That's a big deal," says Mayor Gavin Newsom.

Last year, SFO was the number No. 1 airport in the country for food and beverage sales and No. 3 in retail.

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