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Tag Archives: Jackson airport

Airport in the black but high costs to carriers worry bond raters

By TED CARTER Increases in carrier landing fees and parking charges have helped Jackson’s Municipal Airport Authority regain its financial footing after the June 2014 departure of Southwest Airlines. The airline accounted for 27 percent of Jackson-Evers’ passenger count. For the last two fiscal years, the Airport Authority has reported $3.8 million in revenues over expenses. That positive revenue picture comes ...

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Ratings agency maintains Jackson airport credit rating

JACKSON — Despite the 2014 pullout of Southwest Airlines, a credit rating agency says the financial outlook at Jackson-Evers International Airport remains stable. Fitch Ratings Friday maintained the airport’s $38 million in debt at BBB+, at the low end of investment-grade ratings, with Fitch saying it expects the rating to remain stable. The rating agency says other carriers are picking ...

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