The transportation market seems to be stabilizing, Fitch Ratings analysts said at a conference in New York City last week, before the agency publishes its 2011 outlooks for the sector.

While the actual economic decline and its effect on the sector have been “unprecedented,” ratings have not suffered as much as people expected, according to Cherian George, a managing director and head of the Americas in Fitch’s global infrastructure project and finance group.

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.