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Tag: Airport Revenue Bonds

DFW bonds receive rating upgrade, positive outlook before sale

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DFW bonds receive rating upgrade, positive outlook before sale

Dallas Fort Worth International Airport will enter the municipal bond market next week with a $750 million deal, boosted by a credit rating upgrade and an outlook revision to positive. S&P Global Ratings has upgraded its rating to AA-minus from A+, citing the airport’s “relatively” strong boardings, its past financial stability and its stable debt […]

FAA awards $636 million in grants for airport improvements

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FAA awards 6 million in grants for airport improvements

The Federal Aviation Administration (FAA) has launched the fourth round of funding for its Airport Improvement Program, distributing more than $636 million in 320 grants to 46 states. The grants will benefit projects such as “planning, improving airport safety, airport development and airport noise control,” the FAA said. “From passenger traffic to cargo operations, the […]