Fitch Ratings Issues Positive Outlook for STL Airport Revenue Bonds

 

“This latest rating from Fitch affirms the strong financial position and operations at St. Louis Lambert International Airport,” said Comptroller Darlene Green, City of St. Louis. “I commend the airport management team for its ongoing strategy and success at reducing costs and increasing air service.”

The Fitch rating cited numerous improvements in STL’s operational forecast for its upgrade including stronger underlying passenger demand, a favorable airline use and lease agreement, modest capital needs, and a conservative debt structure that includes a maximum annual debt service of $68 million in 2018, with a declining amortization schedule to follow.

 

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Title Source
You Paid For It: BOA President Lewis Reed votes to move forward with Lambert Airport privatization study fox2now.com
You Paid For It: Lambert Airport privatization fox2now.com
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FAA Public Comments - Open Again
Group blasts survey of St. Louis residents on Lambert as pro-privatization stlpublicradio.org
Grow Mo Canvass
Privatization Issue
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Michigan’s Failed Effort to Privatize Prison Kitchens and the Future of Institutional Food civileats.com
IATA - Airlines Urge Caution on Airport Privatization iata.org
Enthusiasm wanes for Westchester airport privatization under George Latimer lohud.com
STLPR’s Melody Walker discusses ongoing airport-privatization saga stlpublicradio.org
City picks advisor team for Lambert privatization process ksdk.com
Aviation assets: The view from 35,000 feet stltoday.com
Tuesday Airport Privatization Meeting Info 7thwardstlouis.wordpress.com
Sinquefield-funded nonprofit lands consulting firm contract stlamerican.com
Slay's role as lobbyist raises questions over conflict of interest stlpublicradio.org
Op-Ed: Lambert Airport by the numbers - NextSTL nextstl.com

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