Despite Airline Industry's Woes, Most Airport Credits Still Garner Insurance

Shields, Yvette
June 2003
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p43
Trade Publication
According to an insurer attending Midwest Public Finance Conference 2003, while the airport sector continues to struggle, with many of the nation's airlines just trying to survive the post September 11 terrorist attacks industry downturn, most major airport credits still remain strong enough to secure triple-A insurance. While credit still remains readily available, insurers require more information from airport managers and time to review the data. According to other panelists, airports need to understand the value of their facility to specific airlines even as airlines are immersed in bankruptcy.


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