Rising fuel prices raise the single major threat to credit ratings of U.S. airports, which continue to pass through a “soft transition” to a stable outlook, according to a Fitch Ratings outlook issued Thursday. Consistently high fuel prices will increase airline fares and affect airline capacity decisions and habits of travelers, all of which carry impact on airport revenues, debt and eventually on credit ratings, says Seth Lehman, lead airports analyst. Thus far in 2011, traffic is ...
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