MOODY'S WARY OF BONDS BACKED BY PFCs

Moody's Investors Service continues to have "strong reservations" about the use of passenger facility charges as sole security for long-term airport debt, the company said this month. "These concerns center on the termination provisions of the [PFC] legislation and the FAA's use of termination as a...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.