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PHILADELPHIA – Fitch Ratings, one of the world’s leading financial ratings agencies, has upgraded Philadelphia International Airport’s (PHL) Revenue Bonds to “A+” with a stable outlook on $1.37 billion of debt.

In its ratings report issued on August 15th, Fitch cited the airport’s continued positive movement to full passenger traffic recovery; demonstration of strong financial performance; and a large and stable service area in the Greater Philadelphia region with a solid base of origination and destination (O&D) traffic.

Guests traveling through Philadelphia International Airport (PHL) will interact with several organizations during their visits, usually without even knowing it. The City of Philadelphia’s Department of Aviation owns and operates PHL, but there are hundreds of organizations working together with the Department of Aviation to serve our passengers.  

So Who Does What at PHL?