Bradley International Airport Receives ‘A+’ Revenue Bond Rating
The Connecticut Airport Authority (CAA) is pleased to announce that the credit rating agency, S & P Global Ratings, has raised Bradley International Airport’s rating on its general airport revenue refunding bonds.
The long-term rating for the State of Connecticut’s general airport revenue refunding bonds series 2011A and 2011B issued for Bradley International Airport has been raised from “A” to “A+”, with a stable outlook.
S & P Global Ratings assigns a credit rating for Bradley International Airport’s public debt obligations. Some of the factors taken into account during the rating process for the general airport revenue refunding bonds include: the airport’s strong financial and risk management practices, steadily improving liquidity, low and declining debt burden, strong origin and destination (O&D) base, diverse service area economy, airline diversity, and increasing number of enplanements and positive trends.
“Our business model is to attract new air carriers and to improve facilities while maintaining a competitive cost structure,” said Kevin A. Dillon, A.A.E., Executive Director of the CAA. “The raised rating demonstrates our continued financial stability and growth. It is an important indicator of Bradley Airport’s strength in the aviation marketplace and its key role as an economic driver in the region.”
Bradley International Airport (BDL) invites you to love the journey at New England's second-largest airport. Recognized nationally by leading travel publications for its ease of travel, Bradley International Airport is ready to welcome you with new nonstops, expanded services, and convenient travel. The award-winning airport is operated by the Connecticut Airport Authority, and its operations are entirely self-funded. The airport contributes nearly $3.6 billion to the regional economy.
*Some nonstop flights may operate only during certain time periods of the year (seasonally). For the latest flight information, please visit the airline's website.