TAX-FREE AND READY FOR BOARDING

摘要

Big U.S. airlines are in their best financial shape in years. Earnings are strong, the number of passengers is up, luggage fees aren't going away and fuel prices are down. For high-net-worth investors not interested in the volatility or potential capital loss that can come from owning dividend stocks, tax-free airport revenue bonds are a great bet. Major airports all over the U.S. are redefining their businesses. Time was, flying from Hong Kong to LAX was like going from the Jetsons to the Flintstones. No more. The nation's large airports are remodeling, expanding and modernizing. Nowadays a trip to an airport like Atlanta's or San Francisco's is like going to a high-end shopping mall.