Reported 3 days ago
As federal funding for airport infrastructure faces potential cuts due to government spending restrictions, US airports are likely to turn to the municipal bond market for financing. Many facilities depend on these grants for renovations, and a decrease could lead to increased debt borrowing or project delays, particularly impacting smaller airports. Fitch Ratings indicates that airport bond issuance is expected to remain robust, but challenges could arise for those less reliant on debt.
Source: YAHOO