Report
EUR 662.80 For Business Accounts Only

Cross Sector: Airports & Airlines - US: Expansion Plans Will Pressure Credit Profiles of Airports, but Less Impact on Airlines

CROSS-SECTOR SECTOR IN-DEPTH 13 June 2017 TABLE OF CONTENTS Cost increases will not negatively impact airlines' credit quality 2 Growth in passenger numbers is necessitating capital expansion 4 Continued capital expansion will reverse delevering trend in the sector 5 Magnitude of airline cost increases varies widely, but the largest rises are at low cost airports 5 Moody's Related R
Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

ResearchPool Subscriptions

Get the most out of your insights

Get in touch