Airport revenue bonds

The operator of the South Terminal said it expects to prove hundreds of millions of dollars in damages caused by the city of Austin's "unlawful actions."

Removing the passenger facility charge cap of $4.50 would provide airports with more flexible and consistent funding options to help them become more self-reliant, a Reason Foundation study said.

Chicago's O'Hare $1.77 billion offering took center stage this week with the city offering a diverse structure to lure buyers.

The "after-action" report concluded that the Great Hall project would have been better served with a more traditional finance and contracting approach.

The Minnesota Airports Commission is also in the bond market with a $386 million deal this week, followed by Chicago's $1.77 billion transaction next week.

Several large new issues priced. Municipal yields were little changed, U.S. Treasuries were weaker on the short end and stocks ended in the red ahead of the much-anticipated July inflation figure.

Investors will be greeted Monday with an increase in supply with the new-issue calendar estimated at $5.941 billion, up from total sales of $1.700 billion.

Phil Washington would bring an issuer's perspective to the top FAA spot.

Denver International Airport returns to the municipal market boosted by a rating upgrade as it recovers from passenger and revenue losses in the pandemic.

S&P raised the outlook to positive for St. Louis Lambert's general credit and Chicago O'Hare's customer facility charge credit.

The airport benefits from growing population “that skew[s] young and wealthy,” the rating agency said.

The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project.

The move to take back local control came a few months after new leadership took the helm at the airport.

The airport was heavily exposed to the now-defunct JetBlue airline, but Southwest has filled the gap.

The state's Local Government Commission approved more than $1.5 billion in bond and financing agreements, including more than $600 million for the airports.

Fitch affirmed the Los Angeles-area airport's A rating and raised its outlook to stable though a $1 billion terminal project stalled during the pandemic.

A lot is at stake for facilities like Los Angeles International Airport, which has a $15 billion capital improvements program underway.

The Port Authority of New York and New Jersey is a "trailblazer" in public-private partnerships, and P3 investors hope to see more action in U.S. airports.

S&P said the action reflects the Orlando International Airport's financial resilience during the pandemic and its strong passenger recovery trends.

S&P raised the Metropolitan Nashville Airport Authority, Tennessee's senior-lien airport revenue bonds issued for the Nashville International Airport to A-plus.