MIAMI — Despite some setbacks in privatizing major U.S. airports, including the economic downturn and contraction among airlines, prospects remain good for future public-private partnerships, industry experts and airline officials said here Tuesday.

Though many airports experienced a decline in passengers, and higher debt loads contributed to some downgrades, levels have “bottomed out” and there are signs of growth, Standard & Poor’s managing director Kurt Forsgren told attendees at The Bond Buyer’s Transportation Finance/P3 Conference.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.