Case Analysis : Rent Free Lease On 287 Acres Essay

1353 Words Jun 29th, 2015 6 Pages
Hartsfield–Jackson had its beginnings with a five-year, rent-free lease on 287 acres (116 ha) that was the home of an abandoned auto racetrack named The Atlanta Speedway. (ATL Fact Sheet, 2015) The lease was signed April 16, 1925, by Mayor Walter Sims, who committed the city to develop it into an airfield. (ATL Fact Sheet, 2015) As part of the agreement, the property was renamed Candler Field after its former owner, Coca-Cola tycoon and former Atlanta mayor Asa Candler. (ATL Fact Sheet, 2015) The first flight into Candler Field was September 15, 1926, a Florida Airways mail plane flying from Jacksonville, Florida. In May 1928, Pitcairn Aviation began service to Atlanta, followed in June 1930 by Delta Air Service. (ATL Fact Sheet, 2015) Later those two airlines, now known as Eastern Air Lines and Delta Air Lines, respectively, would both use Atlanta as their chief hubs. (ATL Fact Sheet, 2015) The airport 's weather station became the official location for Atlanta 's weather observations September 1, 1928, and records by the National Weather Service. (ATL Fact Sheet, 2015)
According to the Federal Aviation Administration (FAA) the hub for Delta airlines, Hartsfield-Jackson Atlanta International Airport, is the busiest airport in the world in both passenger traffic as well as operations. Hartsfield-Jackson Atlanta International Airport recently retained the title as the world 's busiest passenger airport for the 15th straight year. Growth and improvements happen every day at…

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