Regulations

Atlanta Airport Hiking Fees To Impress Bond Market

LCT Staff
Posted on August 25, 2010

Fee increase that could help secure construction financing would hit ground transportation services, including limo operators, with possible 400% annual spike in costs.

ATLANTA — Atlanta Hartsfield International Airport wants to sharply raise fees on many businesses that operate there, saying the revenue boost is needed to help secure construction financing for the new international terminal.

The airport plans to restructure and hike fees for regional shuttles, hotel shuttles, limos, off-airport parking lots and others — in some cases boosting the annual cost to a business by 400% or more. The move comes as the airport prepares to try to sell bonds to finish the $1.4 billion terminal project, and officials say it is part of a broader effort to bring in more money and assure investors the debt will be repaid.

Businesses are balking at the size of the increases, saying the economy makes it hard to pass costs onto travelers.

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Source: Atlanta Journal-Constitution

LCT Staff LCT Staff
Comments ( 1 )
  • Atlanta Airport Transportation

     | about 7 years ago

    Atlanta Airport Transportation is a very good services provider in transportation.

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