Phoenix Sky Harbor International Airport received high ratings this week on its bonds from both Moody’s Investors Service and Standard and Poor’s Ratings Services.
The region’s main airport’s senior lien bonds were assigned an Aa3 rating from Moody’s. The bond credit rating business said Sky Harbor’s low costs to airlines and strong local demand for air service led to the rating. Moody’s also affirmed its previous ratings of Aa3 and A1 for the airport’s outstanding senior lien and…
