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The upgrade "reflects a material improvement in the MTA's fiscal outlook, which was largely driven by New York State increasing the maximum rate of the payroll mobility tax," Fitch said.
October 25 -
Michael Whitaker, a career aviation executive, has been unanimously confirmed by the Senate to lead the FAA following Steve Dickson's resignation in March 2022.
October 25 -
KBRA upgraded the long-term rating on the state's special tax obligation transportation infrastructure purposes bonds to AAA with stable outlook from AA-plus ahead of the deal, slated for the week of Oct. 16.
October 11 -
The upgrade was spurred by improving ridership as well as increased financial flexibility, said S&P credit analyst Joseph Pezzimenti.
October 4 -
The Bond Buyer's Keeley Webster talks ratings, fare integration and potential solutions to the Bay Area Regional Transit's current challenges with Bryant Jenkins, a managing principal with Sperry Capital. (34 minutes)
October 3 -
Fitch Ratings replaced its negative watch with the negative outlook, citing the lack of clarity around contractor claims of cost overruns.
October 2 -
Bond Buyer Senior Reporter Caitlin Devitt joins Bond Buyer Executive Editor Kyle Glazier to discuss the looming government shutdown and the progress of the historic bipartisan infrastructure law two years after its passage. (16 minutes)
September 26 -
A referendum for up to $350 million of general obligation bonds for a terminal project will appear on the Nov. 7 ballot.
September 20 -
Ahead of The Bond Buyer's Infrastructure Conference in Chicago this week, Carlos Braceras, Utah's transportation secretary, talks with Caitlin Devitt about overseeing the largest transportation program in the state's history. He discusses the projects and challenges that go along with creating safe and efficient transportation infrastructure for the fastest-growing state in the union. (33 minutes).
September 11 -
The Des Moines Airport Authority wants to take advantage of Polk County's triple-A ratings to lower borrowing costs for a terminal project.
September 7