Business Daily.
.
A+ R A-

Fitch Affirms Susquehanna Area Regional Airport Auth's (PA) Sr Airport Revs at 'BB+'

E-mail Print PDF
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Susquehanna Area Regional Airport Authority's approximately $148 million senior airport revenue bonds at 'BB+' and the authority's approximately $8 million subordinate airport revenue bonds at 'BB+'. The Rating Outlook on all bonds is Stable. RATING RATIONALE The 'BB+' rating reflects the airport's small market, high cost per enplanement (CPE), high leverage and constrained liquidity and revenue generating capability. Forecasted all-in de

imageimage
Grow Your Business with Times Media
Business Daily Media