Fitch says acceleration to full airport privatisation within the US is 'unlikely'

Fitch Ratings stated (20-Feb-2018) the Trump Administration's plan for US infrastructure could provide regulatory easing and a fresh infusion of financing options across US airports, however, acceleration to full airport privatisation within the sector is "unlikely". Fitch said US airports by and large have responded "tepidly" to the privatisation model, and the current federal pilot programme to facilitate private sector handover of airports has not resulted in any material results. In Fitch's view, greater acceptance by local municipalities, as well as a strong value proposition where both the public and private sector will see long term benefits, is required for privatisation to gain more traction. [more - original PR]