Continued need for airport debt is propelled by surging traffic
- Buyers take flight to airports straddling junk, high grades. Albano, Christine; Karchmer, Jennifer // Bond Buyer;08/24/99, Vol. 329 Issue 30711, p1
Reports on the boost given to tax-exempt airport bonds by the improving financial state of airlines in the United States. Ratings of airport credits; High-yield alternative to junk paper offered in the sector; Exposure of management firms in the sector; Airlines slated to issue bonds.
- Minneapolis Airports' Refunding Aimed at Aiding Northwest Airlines. Carvlin, Elizabeth; Shields, Yvette // Bond Buyer;12/20/2001, Vol. 338 Issue 31289, p3
Reports on the decision of the Metropolitan Airports Commission to refund taxable general obligation bonds. Issuance of bonds by the commission; Impact of the September 11, 2001 terrorist attacks in the U.S. on the airlines industry.
- Will Wright Fly Away? Albanese, Elizabeth // Bond Buyer;8/23/2005, Vol. 353 Issue 32202, p1
Explains that investors who own outstanding bonds issued by the Dallas-Fort Worth International Airport could find that provisions in the bond ordinance designed to help protect the airport from competition in Texas would evaporate if Congress repeals an amended law. Repeal of the measure...
- United, Airports, Bondholders Appeal Rulings in Denver Case. Shields, Yvette // Bond Buyer;4/14/2004, Vol. 348 Issue 31862, p3
Reports on the move of United Airlines Inc. and investors of special facilities revenue bonds to appeal the court decision on the leases at airports in the U.S. Order of the court to repay the special facilities revenue bonds as an obligation of its lease to operate in an airport; Review of the...
- S&P Keeps Optimistic Outlook on Airport Debt. Sanchez, Humberto // Bond Buyer;11/12/2004, Vol. 350 Issue 32009, p4
Reports on Standard & Poor's outlook on the credit quality of airport bonds in the U.S. Threat posed by the potential fallout from financially troubled airlines; Standard & Poor's analysis of passenger traffic in airports.
- Port to Unveil New Intermediate Lien for Seattle-Tacoma Airport. Saskal, Rich // Bond Buyer;6/15/2005, Vol. 352 Issue 32154, p1
This article reports that the Port of Seattle plans a market debut next week for a new intermediate-lien revenue bond designed to further the capital plans of its Seattle-Tacoma International Airport while it works to ease the financial burden on its airline tenants. According to chief financial...
- Airline Industry's Woes Could Pressure Airport Credits. Sanchez, Humberto // Bond Buyer;12/30/2004, Vol. 350 Issue 32040, p4
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....
- United Deal With Trustees Questioned. Shields, Yvette // Bond Buyer;10/18/2004, Vol. 350 Issue 31991, p1
Reports that lawyers for the city of Chicago, Illinois raised reservations over the settlement agreement of bankrupt United Airlines Inc. with trustees who represent holders of the airline's special facilities revenue bonds at O'Hare International Airport. Impact of the settlement agreement on...
- With Major Bankruptcies Wrapped Up, Airport Bonds Are Steady, Moody's Says. Sanchez, Humberto // Bond Buyer;7/19/2007, Vol. 361 Issue 32674, p6
The article reports on the condition of airport bonds in the U.S. According to Moody's Investor Services, the airport bonds are getting better following the emergence of all major carriers from bankruptcy. Kurt Krummenacker, analyst of Moody claimed that the improving financial position of the...