TITLE

Low-Cost Airlines Help Boost Airports' Creditworthiness, Moody's Report Says

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/27/2006, Vol. 357 Issue 32432, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article highlights a report by Moody's Investors Service which shows that the presence of low-cost air carriers tend to enhance the creditworthiness of airports. According to the Moody's report, low-cost airlines stimulate increased passenger traffic and higher airport revenues. It further suggests that although not all subsequent growth from low-cost carriers can be sustained, the overall effect can boost the credit standing of the airport.
ACCESSION #
21801103

 

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