O'Hare Bond Rating Could Drop On Airline Cuts, Warns Analyst

Chicago O'Hare's airport bonds are in danger of being downgraded because of potential cuts by hub carriers United and American, along with the escalating costs of its modernization program, said a report by Merrill Lynch analyst Phillip Villaluz. The city sold $1.5 billion in third-lien bonds to...

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.