Power Breakfast: Airport bond sale, C-Tran, Coke, Home Depot, iPhone

Before Hartsfield-Jackson International Airport general manager Ben DeCosta steps down, he has one more big job to do — selling bonds, writes AJC reporter Kelly Yamanouchi.

The bonds will raise money to complete the airport’s international terminal — an effort DeCosta has been working on for well over a year.

Now, new Atlanta Mayor Kasim Reed says the bond financing is so crucial that he is holding off on the search for an airport manager while the city prepares to market the bonds, Yamanouchi reports.

DeCosta’s contract ends June 30. The city owns and operates the airport.

Getting the bond financing is “our No. 1 priority” for the airport, and DeCosta “has been kind enough to make sure that we get through this process,” Reed said.

“There have been some people that have been asking when I was going to announce a search for a successor . . . and I think that that would send the wrong message at a time when we’re getting ready to sell $1.6 billion worth of bonds,” Reed said.

Getting the bond financing is “our No. 1 priority” for the airport, and DeCosta “has been kind enough to make sure that we get through this process,” Reed said.

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2 comments Add your comment

TnGelding

March 30th, 2010
6:29 am

Man wasn’t meant to fly!

What would ATL be without the airport? Maybe DeCosta should be the mayor? Probably a sound decision on the mayor’s part, tho.

Relativist

March 30th, 2010
10:37 am

If Atlanta could clean all the crooked deals and fraud out of the airport, it would be run much better. Now, it’s just friends and family of atlanta politicians running everything there, and they do a terrible job. But, they stay rich, which is all that matters. I’m moving from atlanta when the job market picks up. Too much corruption down here in this poorly run city.