[srvy]

Originally Posted by Chief Pagan

I guess it could always go to court, but the contract appears to say they are on the hook.

“If there were another March 2020, where revenue would dry out for four or five months, the airlines would be on the hook to cover, to make sure that we made that $95 million debt payment in that year,” Klein said. “They’ve taken on that responsibility to be the backstop to make sure that we’re good

“That annual debt payment is paid through a combination of airport revenue,” Klein said. “So the airline rents, the parking revenue, the concessions, all of that totals, let’s say $75 million. For each passenger that goes through the airport, we get $4.50. That equals about $20 million annually. So that’s how we pay the debt back

It looks like the landing fee is about $5 per passenger per flight. So that doesn't sound like much and about typical for airports. So whatever you are paying for muh modern art and high ceilings is probably mostly from concession fees from parking and high priced food and drink.

There is no guarantee Southwest will even be in business in 5 to 10 years they like a lot of airlines are struggling.