Airport revenue bonds

The rating agency also affirmed the ratings on 18 large airports and major airline hub facilities across the United States.

Federal Aviation Administration approval of the $2.1 billion transit connector revived heated debate over an undertaking that Gov. Andrew Cuomo has championed.

A Moody's report highlights stark contrast in recovery between tourist hotspots such as Florida and metro areas like New York City and the San Francisco.

The future is looking up for Salt Lake City International Airport as it continues redevelopment with $900 million of revenue bonds.

Recovering air passenger numbers were one factor Fitch Ratings cited in revising the Port of Seattle's outlook to stable from negative.

The Wayne County Airport Authority is selling $163 million to finance projects.

Traffic is returning to Dallas-Fort Worth International Airport, but plans to expand have been scaled back.

Fitch also affirmed the authority's $1.8 billion of senior lien bonds at AA-minus and $968 million of subordinate lien bonds at A-plus.

The PFC is capped at $4.50 and that hasn’t been raised since 2000.

The taxable refunding will lower debt service obligations for the airport car rental facility, hit hard by the coronavirus pandemic, through fiscal 2025.

While a traffic turnaround may already be starting, analysts warn it will be a slow and difficult return for the airport sector to pre-pandemic levels.

The bipartisan plan unveiled Tuesday by Senate and House lawmakers includes $160 billion for state and local governments, $82 billion for schools, $15 billion for transit agencies, and $4 billion for airports.

The rating agency cited higher leverage from borrowing plans to fund expansions and renovations and passenger traffic losses from the coronavirus pandemic.

The Kansas City Industrial Development Authority will price more than $600 million of bonds as the replacement of Kansas City International terminals advances.

The airport will sell $925 million in a deal structured to lower short-run debt-service outlays as it manages through the coronavirus-driven air travel decline.

The city's full-court press on investors includes a webinar to replace pre-COVID-19 investor luncheons and one-on-one calls ahead of the $1.24 billion deal.

The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.

The bonds are pricing in three series on Wednesday and Thursday through senior manager Morgan Stanley.

Both domestic and international travel have been down sharply during the pandemic.

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.