Airline Industry's Woes Could Pressure Airport Credits

Sanchez, Humberto
December 2004
Bond Buyer;12/30/2004, Vol. 350 Issue 32040, p4
Trade Publication
The article reports that the financially troubled airline industry will continue to cloud the credit picture of the U.S. airports sector next year even after the outlook for airport bonds improved in 2004 as passenger levels increased after plummeting in the wake of the 2001 terrorist attacks. The analysis came after Fitch Ratings Inc. published a study in October that claimed airport finances remained resilient despite the airline industry's financial turmoil. Meanwhile, airport lobbyists plan to continue to push for legislation to allow airports to advance refund their bonds.


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