The Fate Of Louis Armstrong International Airport

If the state owned the airport, I guess contracts would become state contracts.

Business leaders from across the metropolitan New Orleans area and Baton Rouge have crafted an audacious proposal that calls for City Hall to hand over ownership and governance of Louis Armstrong International Airport to the state, in return for heavy state financial support for city redevelopment projects.

Does that mean CA One would have to sign a new contract with the state? I guess that would be good for them since they would then be able to rid itself from their corrupt business partner.