Infrastructure

WASHINGTON — The acquisition of American Airlines by either of two competitors could result in a negative outlook for small to medium-sized airports, Moody's Investors Service said Monday.

WASHINGTON — A divisive labor issue that had stalled negotiations on a Federal Aviation Administration reauthorization bill has been resolved, and there is now a real possibility that the long-awaited legislation could land on the president's desk before the Jan. 31 deadline.

WASHINGTON — Moody's Investor’s Service is keeping its negative outlook on U.S. toll roads because of rising fuel prices, political hesitancy to increase toll rates, and a sluggish economy.

Facing a federal investigation of past practices, the North Texas Tollway Authority has adopted a new ethics policy that requires extensive disclosure and tighter strictures on conflicts of interest.

Moody’s Investors Service has downgraded the troubled Southern California Logistics Airport Authority’s subordinate tax-allocation revenue bonds to B3 from B1.

BRADENTON, Fla. — The Santa Rosa Bay Bridge Authority in north Florida cancelled its meeting set for Wednesday.

WASHINGTON — A key Virginia lawmaker is sponsoring legislation that would raise nearly $1 billion annually for infrastructure through gas and sales taxes, after warning of a severe budget shortfall for road maintenance near the nation's capital and complaining the governor's transportation plan is only "a drop in the bucket,"

It’s time to get serious about completing Interstate 49 South in Louisiana, and a public-private partnership might be part of the financial solution to the $5.2 billion effort, Treasurer John Kennedy said last week in Lafayette.

Kentucky Senate President David Williams last week expressed concern over the divided work and funding plans that were recently proposed for the $2.6 billion Ohio River Bridges Project.

In speaking engagements around Alabama last week, Gov. Robert Bentley announced that he plans to ask the Legislature to make major changes in the state budget, and to issue $2 billion of bonds for transportation projects.