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CAPA's Annual India Aviation Outlook is keenly anticipated by the industry each year as the leading analysis of the direction of one of the world’s most important emerging markets. CAPA has a strong and established track record in accurately identifying key trends and developments in the Indian market, both on an annual and long term basis. We operate India’s leading dedicated aviation advisory and research practice offering unrivalled analysis and data across the value chain.

Our India Aviation Outlook is used by the leading industry players to shape their strategies and decisions in the market. The 2013/14 edition will be released on 25 May 2013. Click here for more information.

US airport bond issues to rise as AIP grants reduce

15th August, 2012

Credit ratings agency Fitch says it expects US airports to increase their use of bonds for financing as challenges are arising to improve funding levels of the federal Airport Improvement Programme (AIP). With AIP grants likely to remain flat over the coming years, US airports will turn to issuing bonds from cash flows earned by passenger facility charges (PFC), along with other airport-generated revenues. [2585 words]

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This report contains the following subheadings:

  • Small airports with fewer carriers to lose out
  • 2009 surge in airport bonds after tax relief introduced
  • USD5.4bn airport bonds sold in one year
  • Private capital option reached its zenith then faltered

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