Ontario International Airport Earns Fitch A+ Rating, S&P Affirms Credit Strength

ONTARIO, Calif. – The Ontario International Airport Authority (OIAA) has secured a significant endorsement of its financial standing with new ratings from Fitch Ratings and S&P Global Ratings. Fitch Ratings assigned an A+ rating to the OIAA's airport revenue bonds, while S&P Global Ratings affirmed an A rating on the authority's revenue bonds.

These ratings reflect the airport's robust financial performance and prudent fiscal management. S&P Global Ratings had previously affirmed the airport's credit strength at an A rating, signaling continued financial stability over the past year.

The positive assessments from both agencies are attributed to the airport's sustained operational momentum and growth over the last decade. OIAA has focused on enhancing its infrastructure and streamlining operations, which has solidified its financial foundation and capacity to handle increasing passenger volumes.

Improved credit ratings are expected to facilitate future financing for the OIAA and potentially lower borrowing costs. This financial strength supports the airport's long-term development plans and ongoing investments.