Department of Aviation Holds Inaugural State of the Airport

PHILADELPHIA – Today, the City of Philadelphia Department of Aviation hosted its inaugural State of the Airport, with the theme “Recap, Renew and Re-imagine!” at the Pennsylvania Convention Center. The event brought together elected officials and leaders from across the Greater Philadelphia region to hear from Department of Aviation CEO Atif Saeed, Philadelphia Mayor Cherelle L.

Fitch Ratings Upgrades PHL Bonds Rating to “A+” with Stable Outlook

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.

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