reports
- Kevin Li
- Travis Shaw
- Valiant Ip
Rising Aeronautical Fees and the Unsubsidized Nature of Canadian Airpo...
In the absence of meaningful and predictable government subsidies or other funding sources, tariff increases appear to have become a necessary move for Canadian airports, and probably the only option left to improve cash flows and reignite future growth. Increased aeronautical fees may gradually erode Canadian airports' relative competitiveness vis-à-vis their U.S. peers; however, DBRS Morningstar doesn't currently expect the impact to be material, as we believe major Canadian airports' pricing ...
- Blanca Cabrera
- Jasper Shi
- Suneil Ramesh
- Blanca Cabrera
- Jasper Shi
- Suneil Ramesh
- Jiaona Quan
- Suneil Ramesh
- Jiaona Quan
- Suneil Ramesh
Greater Toronto Airports Authority: Rating Report
DBRS Limited (DBRS Morningstar) confirmed the Greater Toronto Airports Authority’s (GTAA or the Authority) Issuer Rating at A (high) and Commercial Paper rating at R-1 (low) with Stable trends. The rating confirmations are based on GTAA’s robust liquidity and business risk assessment, expected start of recovery in passenger volumes with the easing of travel restrictions in Canada, and improvement in metrics over the medium term, despite the challenges and uncertainties caused by the containment ...
- Blanca Cabrera
- Suneil Ramesh
- Blanca Cabrera
- Suneil Ramesh
- Kevin Li
- Sapan Sheth
- Sapan Sheth
- Sapan Sheth
In Full Flight: Examining Passenger Traffic Drivers for Major Canadian...
DBRS Limited (DBRS) published a commentary titled “In Full Flight: Examining Passenger Traffic Drivers for Major Canadian Airport Authorities.†In this commentary, DBRS looks at passenger traffic data over the past five years for major Canadian airport authorities to assess the major trends in passenger traffic, review the underlying drivers and propose whether these trends are here to stay.
- Kevin Li
- Ernie Chu
- Kevin Li
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