Hartsfield-Jackson Atlanta International Airport

Large Hub

Atlanta, GA · ATL

← All Airports

Recent News

Updated Mar 15, 2026
Atlanta airport faces thunderstorm-related ground stops on March 7

Hartsfield-Jackson was placed under a ground stop on March 7, 2026, due to thunderstorms, restricting departures and arrivals. The weather disruptions were part of nationwide flight chaos affecting multiple major hubs.

Travel Tourister·Mar 7, 2026
ATL integrates biometric facial recognition technology across checkpoints

Atlanta airport is deploying biometric identification systems in collaboration with TSA and CLEAR to streamline passenger processing. The technology enhances security and reduces bottlenecks, particularly important ahead of the 2026 FIFA World Cup.

Travel and Tour World·Jan 3, 2026
Atlanta completes 10 of 19 module moves in $1.4B Concourse D expansion

Hartsfield-Jackson Atlanta International Airport reached the halfway point in its $1.4 billion Concourse D modernization, completing 10 of 19 planned modular moves. The expansion will increase the concourse width from 60 to 99 feet and is scheduled for completion in 2029.

Engineering News-Record·Mar 25, 2025
ATL completes Plane Train tunnel extension to boost passenger capacity

The airport completed a 700-foot extension of its Plane Train tunnel system, including a 133-foot spur, which will reduce train headway and increase capacity from 10,000 to 12,000 passengers per hour. Wait times between concourses will drop from 108 seconds to 90 seconds.

STV·Feb 26, 2025

Airport Profile

Governing EntityCity of Atlanta, Department of Aviation
Entity TypeCity Department
Fiscal Year EndJune
Bond TypeGARB
Lien PositionSenior and Subordinate
Rate MethodologyHybrid Compensatory
AUA StatusActive
Agreement Period2016-01-01 – 2036-12-31
S&PA+
Moody'sA1
FitchA+

Key Financial Data (FY 2025)

CPE$4.48
Signatory Landing Fee$1.4100
Enplanements53,399,519
Total Operating Revenue$738.0M
Total Operating Expense$842.6M
Operating Income$-104.5M
Total Debt$5.0B
Rate Covenant1.2x
Unrestricted Cash$926.6M
Landed Weight (1000 lbs)63,100,000

Enplaned Passengers (FAA CATS)

53.4M-0.5%
Route data →

Cost per Enplanement (CPE)

$4.48+14.0%

Revenue

$738.0M+8.2%

Expense

$842.6M+16.6%

Ratemaking Overview

Overall MethodologyHybrid Compensatory
Ratesetting Typeagreement
Cost Center StructureMultiple cost centers for airfield, terminal, and specialty facilities

Settlement & True-Up

Not available

Extraordinary Coverage Protection (ECP)

ECP TypeNone

Not available

Landing Fee Methodology

MethodologyResidual

Airfield cost center: total airfield costs less non-airline airfield revenues (fuel, cargo fees, etc.), divided by estimated total landed weight of all airlines. Residual methodology — airlines collectively bear airfield cost shortfall.

Terminal Rental Rate

Rate DivisorRentable Square Feet

Terminal cost center: direct and allocated terminal building costs less concession revenue credits (applied at specified percentages of Inside Concessions Revenues per AUA), allocated to signatory airlines based on leased space.

Common Use & Gate Allocation

Additional Bonds Test

Historical: Revenues for any 12 consecutive months of last 18 months must produce at least 120% of combined existing + proposed Debt Service Requirement. Projected: Airport Consultant certifies projected Revenues for each of first 2 full FYs after issuance will produce at least 120% combined AADS.

Rate Covenant

Covenant Ratio1.2x

City covenants to prescribe, fix, maintain, and collect rates, fees, and other charges to produce Net Revenues in each Fiscal Year which will: For General Revenues: at least 120% (and 110% without General Revenue Enhancement Subaccount) of Debt Service Requirement on all related Bonds then Outstanding for the Sinking Fund Year ending next January 1

Flow of Funds

Gross revenue pledge with waterfall: Revenue Fund → Operating Expenses → Sinking Fund (DS) → Debt Service Reserve Account → Rebate Account → Renewal and Extension Fund → General Revenue Enhancement Subaccount

1.Revenue Fund — All General Revenues deposited as received
2.Direct Operating Expenses Account — Pay all expenses reasonably incurred in operating, maintaining, and repairing Airport
3.Sinking Fund — Interest and Principal Subaccounts to meet Debt Service Requirements
4.Debt Service Reserve Account — Maintain at Required Reserve amount
5.Rebate Account — Arbitrage rebate payments to U.S. government
6.Renewal and Extension Fund — Amounts remaining after other requirements
7.General Revenue Enhancement Subaccount — Transferred from Renewal/Extension Fund; accounts for General Revenues in computing coverage

Source Documents

Official Statements

08-Official-Statement-dated-8.7.2024-1.pdf
20-Offering-Memorandum-with-respect-to-the-Series-P-and-Q-Notes.pdf

+2 more

Source: FAA CATS Form 5100-127, DOT T-100 Market Data, Airport Official Statements · Hub classification: FAA CY 2024 Enplanement Data · Prepared by DWU Consulting