Airport Slump to Continue Into Next Year, Fitch Report Says

Dutton, Audrey
September 2009
Bond Buyer;9/29/2009, Vol. 369 Issue 33191, p4
Trade Publication
The article reports on the condition of airports in facing financial difficulties according to Fitch Ratings Ltd. in the U.S. The company said that airports will face financial difficulties until 2010 due to its continuous decline in airline passenger traffic regardless of its stabilize debt portfolios. They downgraded the ratings of six airport bond issues and assigned a negative outlook to another seven of them and resulted to keep a negative outlook for the airport sector.


Related Articles

  • Fitch points to funds that failed turmoil test. Jackson, Gary // Money Marketing;9/1/2011, p9 

    The article reports on the study conducted by Fitch Ratings Ltd. which shows that European absolute return and flexible funds have decreased by 2.5% and 7.6% respectively over the first three weeks of August 2011.

  • OHIO: Summit Port Sinks to BBB-. Devitt, Caitlin // Bond Buyer;12/9/2009, Vol. 370 Issue 33230, p9 

    The article reports on the downgrade of Summit County Port Authority's 40.2 million of revenue bonds to BBB-minus from BBB-plus by Fitch Ratings Ltd. in Ohio. It notes that the bond fund is created by the Summit County agency to promote economic development in the county and other counties. It...

  • CALIFORNIA: Beverly Hills' AAA Trifecta. Saskal, Rich // Bond Buyer;1/5/2007, Vol. 359 Issue 32542, p27 

    The article presents information about bond rating of Beverly Hills, California. Fitch Ratings Inc. has assigned the city a bond rating of AAA, while upgrading the lease-revenue-debt from AA to AA-plus. The Fitch action affects $56.6 million of lease-revenue bonds as well as planned bond...

  • Fitch Downgrades Wayne County Airport Authority.  // Bond Buyer;8/23/2010, Vol. 373 Issue 33370, p2 

    The article reports on the downgrade of the Wayne County Airport Authority in Michigan from A to A-minus rating by Fitch Ratings Ltd.

  • Fitch Drops Atlanta Airport Debt. DeSue, Tedra // Bond Buyer;11/2/2004, Vol. 350 Issue 32002, p1 

    Reports on the downgrading of the debt issued to Hartsfield-Jackson International Airport by the city of Atlanta by Fitch Ratings Inc. in Atlanta, Georgia. Factors prompting Fitch Ratings Inc. to downgrade the debt issuance; Amount the city is preparing in line with the deal; Statement of Mario...

  • FAR WEST Bond-Watch. Finestone, Deborah; Williams, Rochelle // Bond Buyer;4/4/2003, Vol. 344 Issue 31608, p31 

    Presents information on developments related to the bond market in the U.S. as of April 4, 2003. Rating assigned by Fitch Ratings Inc. to 95 million dollars in general obligation bonds to be sold competitively on April 8, 2003 by the West Contra Costa Unified School District in California;...

  • Ohio Port Authorities' Bond Funds Face Delinquent Borrowers. Devitt, Caitlin // Bond Buyer;3/30/2009, Vol. 367 Issue 33088, p28 

    The article offers information on the downgrade of several port authority bond fund programs' ratings in the U.S. in 2009. Fitch Ratings Ltd. reduce its ranking two notches from BBB-plus to BBB-minus on the Toledo-Lucas County Port Authority's Northwest Ohio Bond Fund. The decline in ratings...

  • Fitch warns investors to 'carefully review' bond funds. Jackson, Gary // Fundweb;7/2/2013, p11 

    The article discusses a warning by Fitch Ratings for investors to review the investment processes of bond funds to ensure that discipline and flexibility are preserved in the search for yield. It notes that investment in yield-generating assets is seen to continue but the fact that total returns...

  • Fitch rates N.H. bonds 'stable'. Kibbe, Cindy // New Hampshire Business Review;12/18/2009, Vol. 31 Issue 27, p10 

    The article reports on the rating conducted by credit rating firm Fitch Ratings Inc. to the 125 million dollars of New Hampshire bonds which was given an "AA" rating. The firm also confirmed an "AA" rating and a stable outlook on 768 million of the state's outstanding general obligation bonds....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics