Airport revenue bonds

A fatal crash and closure at New York's LaGuardia Airport adds to the list of transportation hurdles that includes a jump in jet fuel prices, and travel delays due to a lapse in TSA funding.

Market Intelligence analyst Jeff Lipton assigns a stable yet guarded view to airport bonds, highlighting how gateways and large hubs can outperform as fuel costs, travel demand and geopolitical risk evolve — while investors sharpen focus on leverage, rate recovery and cyber defenses.

The airport system revenue bonds will finance portions of an estimated $5 billion expansion program at Austin Bergstrom International Airport.

Although Lee County has been a tourist destination, since COVID, its year-round population increased.

The Nashville Metropolitan Airport Authority is issuing municipal bonds to finance upgrades to an airport bulging at the seams after rapid traffic growth.

Cindy Nichol, Sacramento International Airport's director, became chair of an international airport association.

Moody's Ratings upgraded the Rhode Island Airport Corporation's airport revenue bonds for Providence's T.F. Green International Airport to A3 from Baa1.

The Trump administration is requesting information on revitalizing Dulles International Airport, including the possibility of tapping a public-private partnership.

The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.

The deal combined the benefits of a green designation with a massive, highly visible airport project.

Disruptions to air travel during the federal government shutdown has sharpened the focus on legislation that would divert funds from the Airport & Airway Trust Fund to pay salaries of air traffic controllers.

A $1.2 billion revenue bond required the Columbus Regional Airport Authority to "start from scratch." The result is The Bond Buyer's Midwest Deal of the Year.

The airport paired long fixed-rate debt with four- and seven-year mandatory tender bonds in the transaction honored as the Southwest region's Deal of the Year.

Moody's cited the airport's "significant improvement in liquidity" and "continued enplanement recovery" in its decision to upgrade the rating to Aa3.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.

The airport's sprawling capital improvement program is expected to total $11.5 billion over the next decade, $9 billion of it bond funded.

Fresno, California, received a boost to positive from stable on its senior lien airport revenue bonds.

The city plans to sell about $690 million of AMT bonds on Nov. 18 to finance facilities and refund outstanding debt for the airline.

The bonds are rated A-plus by three ratings agencies and are expected to have serial maturities from 2026 to 2055.

Atlanta's airport lost $57 million of funding for the current fiscal year. Other issuers have even more at stake.