Pensacola Airport bonds rated near the bottom

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Fitch Ratings announced yesterday the Pensacola International Airport bonds have maintained their BBB- rating – which sounds good…until you compare that rating with other airports.

Pensacola is second from the bottom. The only one that has a lower Fitch Rating is the Susquehanna Area Regional Airport Authority that governs the Harrisburg International Airport, Capital City Airport, Franklin County Regional Airport and Gettysburg Regional Airport in south-central Pennsylvania.

Airport Bond Rating Rating Date
Metro Washington AA AA+ 25-Jun-15
San Francisco Air. Commission AA+ 20-May-15
LA Dept. of Airports AA 22-Jan-15
Raleigh-Durham AA AA- 18-May-15
Louisville Reg. AA A+ 12-Jun-15
Columbus Regional AA A+ 18-Nov-14
Palm Beach County AA A 10-Jul-15
Reno-Tahoe AA A 24-Jun-15
Love Field Air. Mod. Corp. A 15-Jun-15
Burbank-Glendale-Pasadena AA A 13-Mar-15
San Diego Reg. AA A 13-Mar-15
Minneapolis-St Paul Metro A 18-Nov-14
Indianapolis AA A 18-Nov-14
Tucson AA A 18-Nov-14
Memphis-Shelby Count AA A 18-Nov-14
Birmingham AA A- 31-Jul-15
Kenton County Air. Board A- 18-Jun-15
Capital Region Air. Comm. A- 4-Mar-15
New Orleans Aviation Board A- 13-Feb-15
Wayne County AA A- 18-Nov-14
Allegheny County AA A- 18-Nov-14
Albany County AA A- 18-Nov-14
Jackson Muni. AA BBB+ 10-Apr-15
Gary/Chicago Intl AA BBB 11-Nov-14
Pensacola Intl Airport BBB- 26-Aug-15
Susquehanna Area Reg. AA BB+ 18-Nov-14
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