The remainder of the liabilities --- which comprise the largest portion of the debt --- are for money owed to long list of private companies, including merchandise suppliers, office supply vendors and construction firms.
Airport unaware of lien
Bankruptcy records indicate David Franklin's airport company grossed $2.96 million in 2004, $2.93 million in 2005 and had taken in $1.75 million by the time of its Aug. 14, 2006, bankruptcy filing.
Franklin lists the company's total assets at $314,923 and total liabilities of nearly $1.3 million in the filing.
Airport officials said they were unaware of the state lien against Franklin's company until a reporter made inquiries. The lien came to light when The Atlanta Journal-Constitution filed an open records request with the Department of Revenue for any unpaid taxes owed by Hartsfield-Jackson vendors.
"This issue with their [state] taxes is between them and state government," airport spokesman Herschel Grangent said. "As far as we know, they have met all their obligations to us."
Every year more than 85 million passengers pass through Hartsfield-Jackson --- the world's busiest airport --- spending millions of dollars on everything from food to T-shirts to luggage.
David Franklin's company was identified as having unpaid taxes during a sweep of airport vendors by the Revenue Department last year. Revenue Commissioner Bart Graham, who runs the department, declined to comment on specific cases but said in general of the liens, "We don't frivolously do this."
Delta and its Delta Connection affiliates handle 78 percent of the passengers who use the airport.
The long-term underlying ratings continue to reflect ATL's status as the world's busiest airport (41.8 million enplanements during 2004).
The company that runs the concessions at Cleveland Hopkins International Airport owes the city $5.4 million in back property taxes, airport officials say. Cleveland, which owns and operates...
Fitch believes that the voluntary filing by Delta for reorganization under Chapter 11 of the U.S. Bankruptcy Code poses only minor immediate risks to most general airport revenue bonds.