Airport revenue bonds

The upcoming fiscal 2025 budget will take "some first steps" to address a structural gap of about $158 million, Melissa Dubowski said.

Newark Liberty, John F. Kennedy and LaGuardia airports remain on track to see their busiest year ever as 132 million passengers have passed through in 2023.

The nation's fourth-largest city will have new officials at the helm of its government and finances for the first time in eight years.

The municipal bond rally has brought two big Illinois issuers into the market with plans to sell refunding bonds this week.

City Controller Chris Brown called for more due diligence on financing plans for a $2.6 billion project to renovate Bush Intercontinental Airport's Terminal B.

Fitch also affirmed the GOAA's AA-minus rating on $1.8 billion of outstanding senior lien airport facilities revenue bonds and A-plus on $867 million of subordinate lien airport facilities revenue bonds.

The Metropolitan Airports Commission will sell about $125 million of bonds to complete its share of financing for the largest interior renovation of 61-year-old Terminal 1.

Year-to-date, MIA has seen passengers levels at 113% of pre-COVID 19 levels, boosted by domestic travel, according to a report from BofA Global Research.

The rating agency cited ongoing positive financial and enplanement trends at the airport, which is planning a refunding.

Fitch Ratings did a deep dive on the nation's major airport capital programs, as projects have begun, and how they plan to fund them.

Mitigation efforts can't always prevent a ratings drop.

The Local Government Commission approved issues for Charlotte's airport and arena and other projects around the state while returning fiscal control to Robersonville.

When Los Angeles World Airports CEO Justin Erbacci steps down next month, Beatrice Hsu will step up as interim CEO.

The Des Moines Airport Authority wants to take advantage of Polk County's triple-A ratings to lower borrowing costs for a terminal project.

Airports are returning to the municipal bond market to build and renovate runways, concourses and terminals as passenger traffic rebounds.

U.S. airports collectively face $151 billion of infrastructure needs over the next five years, the bulk of which is tied to terminals, according to the Airports Council International.

GAO report unveils power failures at airports.

The firm Kestrel verified the green bond component of the deal, which priced Aug. 16.

Air travel and airport bond ratings are showing strong recovery, data shows, with international passenger travel leading the surge.

The revenue bonds were issued through the California Municipal Finance Authority on behalf of LAX Integrated Express Solutions, the P3 project developer.