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The rating agency cites the decline of tourism following the worldwide spread of coronavirus.
April 14 -
Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.
March 30 -
Cost cutting is underway at central Florida's Orlando International Airport due to a steep decline in flights and passengers amid the coronavirus outbreak.
March 20 -
Airports have nearly $100 billion in infrastructure debt that requires about $7 billion in airport bond principal and interest payments this year.
March 18 -
Nuveen, Friedlander, BofA offer some recommendations on COVID-19 credit and sector impact.
March 13 -
If demand to fly declines domestically, it may affect airports' credit ratings, analysts say.
January 31 -
House Transportation and Infrastructure Committee Chairman Peter DeFazio plans to introduce an outline for proposed national infrastructure legislation as early as Tuesday.
January 24 -
Airports Council International – North America estimates airports need $100 billion in infrastructure through 2023.
January 15 -
Political support lagged strong private interest in a potential privatization deal for the St. Louis airport.
January 9 -
Kurt Krummenacker, senior vice president at Moody's, talks about important developments in the active airport sector of the muni bond market. John Hallacy hosts.
January 2