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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 -
The Dayton International Airport didn't meet its goal to add one new flight in 2019.
December 30 -
The city dropped its exploration of a privatization of the St. Louis Lambert International Airport under a federal program
December 27 -
Denver International Airport expects to pay up to $210 million in termination costs to exit a public private partnership for renovation of its main concourse.
December 16 -
The Metropolitan Nashville Airport Authority prices $807.7 million in subordinate bonds Thursday for the capital plan.
December 4 -
Indianapolis airport is back with a refunding of notes but it is holding plans to refund variable rate debt because it no longer makes economic sense.
November 15 -
The city is issuing its very first green bond deal and the first ever airport green bond deal.
November 15 -
St. Louis wants a deal that improves the airport while generating net cash proceeds to the city.
November 4 -
The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.
November 4 -
In the SEC inquiry, along with a separate FAA investigation, regulators are trying to determine if airport revenues were misspent.
October 24 -
Fitch Ratings affirmed Denver International Airport after the collapse of a public-private partnership to remodel the main terminal.
October 22 -
Fitch raised the airport's rating by one notch to A, citing rising traffic levels and robust financial metrics.
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