Airport Revenue Bond

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A municipal bond used to construct or expand an airport. The bond is secured by the revenue the airport receives in the course of its operations, or by the revenue from lease payments made by a particular airline. In either case, the issuing municipality does not back the bond itself. Generally speaking, an airport revenue bond is riskier than other municipal bonds because airports have no power to tax, and thus a sudden fall in revenue may result in an inability to repay the bond.

airport revenue bond

Tax-exempt debt issued by a city, county, state, or airport authority with debt service guaranteed either by general revenues generated by the airport or by lease payments for facilities used by a particular airline. A second type of airport revenue bond depends on the financial strength of a private company and may be more risky than a bond guaranteed by an airport's general revenues.

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No references found			Although Fitch has not yet downgraded United airport bonds, the rating agency did place airport revenue bonds issued for San Francisco International Airport on rating watch negative. United bankruptcy could lead to ratings downgrade. (News Briefs) by Government Finance Review Airport management would like to eventually convert all of its airport-supported GO debt to general airport revenue bond debt. Fitch Rates $14.6MM Milwaukee County, Wisconsin's Airport Revenue ... by Business Wire Paul Metropolitan Airports Commission (MN) airport revenue bonds (non-AMT) series 2000A; --Minneapolis-St. Fitch Withdraws Underlying Rtgs on Pre-refunded Minn-St. Paul Metro ... by Business Wire			AIDS AIDS Housing Opportunity Act AIG AIMR AIMR Performance Presentation Standards Implementation Committee AIOEC Air Cargo Air Cargo Insurance Air Check Air Date Air Freight Air Freight Consolidator Air Marshal Air Parcel Post Air Pocket Stock air rights air space Air-Bubble Packing Airbag Swap Airbill Airbus Industries Group Aircraft Hull Insurance Aircraft Liability Insurance Airport Liability Coverage Airport Mail Facility Airport Revenue Bond Ajustabonos Ajuste a Base Caja Ajuste al mercado Ajuste de dividendos Ajuste del precio de ejercicio por dividendos Ajuste fiscal Ajuste por inflacion AKA Akio Morita Akkreditiv AKTB Akte Aktiengesellschaft Aktieselskab Aktiven Akzeptkredit AL Al Jazeera Al meglio Al portador Al Qaida Al-Maashiiyah Al-Marhalah Al-Mata Al-Mauziinat			Airport Operations Specialist Airport Operators Association Airport Operators Council International Airport Parking and Hotels Airport Parking Company of America Airport Passenger Management Airport Pavement Structural Design System Airport Plaza Airport Plaza 1 Airport Plaza 2 Airport Pseudolite Airport Public Transportation Vehicle Airport radar Airport radar Airport radar Airport Radar Service Area Airport rail link Airport Reference Point Airport Reporting Office Airport Representative Airport Rescue and Fire Fighting Airport Rescue and Fire Fighting Service Airport Reservation Function Airport Reservations Office Airport Resource Management Tool Airport Restricted Area Access Clearance Program Airport Revenue Bond Airport Revenue Bonds Airport Security and Screening Facility Airport Security Display Processor Airport Security Force Airport Security Incident Support Team Airport Security Unit Airport Stuttgart, Germany Airport Surface Control System airport surface detection equipment airport surface detection equipment airport surface detection equipment Airport Surface Detection Equipment - X Airport Surface Detection Radar Airport Surface Friction Tester Airport Surface Target Identification System Airport Surface Traffic Automation Airport surveillance radar Airport surveillance radar Airport Taxi Drivers Association airport terminal Airport Ticket Office Airport tower Airport tower airport traffic airport traffic area airport traffic area Airport Traffic Control Tower Airport Traffic Control Tower Airport Trailing Vortex Warning System Airport Transfer Center

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