by CivMetrics Staff | Jun 13, 2022 | Airports, Infrastructure, Uncategorized
The Federal Aviation Administration announced the allocation of $608 million to 441 airports across 46 US states as part of the first round of the 2022 Airport Improvement Program (AIP). The new funding will be given on top of the $20 billion in airport investments...
by Mary Scott Nabers | May 30, 2022 | Airports, Infrastructure, Public Private Partnerships (P3s), Uncategorized
Airports in America are undergoing significant changes as focus has shifted to long-overdue, critical needs related to modernization. Finally, there is funding for these efforts. Public officials are preparing to launch thousands of projects with objectives related to...
by CivMetrics Staff | May 30, 2022 | Airports, Infrastructure, Uncategorized
In a briefing this month with the City Council for the solicitation and bidding for contractors and planners, officials with the San Antonio International Airport revealed the details of its $2.5 billion expansion plan which includes a new terminal. The funding for...
by CivMetrics Staff | May 30, 2022 | Airports, Infrastructure, Uncategorized
Airports Council International (ACI) forecasts that more than $2.4 trillion in capital investments is needed by the airport sector to ensure that passenger demand will be met in 2040, according to a new report (The Global Outlook of Airport Capital Expenditure –...
by CivMetrics Staff | May 30, 2022 | Airports, Bonds, Infrastructure, Uncategorized
Fitch Rating recently assigned the ratings on the following airports in the city of Atlanta, Long Beach, Charlotte, and Fresno. Hartsfield-Jackson Atlanta International Airport (ATL) was given ‘AA-‘ rating on its senior lien airport general revenue bonds,...
by CivMetrics Staff | May 28, 2022 | Airports, Bonds, Infrastructure, Uncategorized
How should investors and ratings agencies vet the financial health of public airports? Many traditional measures of financial efficiency and profitability aren’t entirely applicable to publicly-operated airports. In a new paper, researchers propose some metrics...
