DALLAS — New Orleans had hoped to get up to $1 billion from leasing Louis Armstrong New Orleans International Airport to a private operator. But the recent decision by the city to terminate the privatization effort leaves it reconsidering an earlier proposal that included a possible transfer of the facility to Louisiana.

The lease to a private operator would have generated up to twice the proposed $500 million price tag proposed by advocates of a transfer of the airport property to a state agency authorized by the state Legislature in 2008.

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