Chicago’s $2.5 billion lease of Midway Airport is no longer on track to win federal approval before the change in presidential administrations, as Federal Aviation Administration officials await additional financial information from the private operators that won the lease.

FAA officials last fall said the plan could win approval by the end of 2008. City officials hoped for approval before the Obama administration took office due to concerns that the change could delay approval. Chicago finance officials had cited the change in leadership as a key reason for seeking a quick vote in the City Council in October shortly after the deal was announced by Mayor Richard Daley.

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