Moody’s contacted AVweb today to announce it has published a revised outlook for the U.S. airport financial sector. According to the new report, though Moody’s sees the sector as having the financial strength to ultimately withstand expected setbacks, the outlook has changed from “stable” to “negative,” based on “economic slowdown, reduced airline capacity, global economic weakness, higher costs and supply chain issues, and a decline in international visitors.”
Tariffs are like a slow bleed for airports, higher construction costs, pricier plane parts, and less cargo and pax moving through. It all adds up, and if that’s not part of the Moody’s downgrade, they’re missing the big picture.
Looks like they contacted AvWeb in an attempt to boost registration at Moody’s.
You cannot follow their link unless you register.
No thanks, I don’t want to subscribe or register.
I’ll pass on getting their news thank you very much.