Comment on Jackson airport addressing life after Southwest

Jackson airport addressing life after Southwest

(AP) — The Jackson-Medgar Wiley Evers International Airport is delaying security checkpoint upgrades and improvements to the concourse after a downgrading of its revenue bonds by Fitch Rating Service. Fitch said the loss of the airport's second-largest carrier could bring higher fees to airlines and higher costs to passengers. Dirk Vanderleest, Airport Authority executive director, told the Mississippi Business Journal (http://bit.ly/1kpHyvg ) Fitch's designation of a "stable" credit outlook for the airport assures borrowing costs won't go up on the $39.4 million bond issue "at this time." Delaying the projects by up to 12 months keeps the debt off the books as Fitch Ratings makes further evaluations of the Airport Authority's credit worthiness, Vanderleest said.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News