LaGuardia Airport Debt Outlook Is Positive After Terminal Revamp [BNN Bloomberg (Canada)]
Nuvei Corporation (NVEI)
Company Research
Source: BNN Bloomberg
Analysts led by Anita Lin raised their outlook for LaGuardia Gateway Partners to positive from stable citing strong traffic and a better-than-expected financial performance. The Terminal B project was essential to the airport and supportive of “resilient traffic demand,” according to a release Tuesday. LaGuardia, one of three major airports serving New York City, handled over 32 million passengers in 2023, according to the release. Enplanements in 2023 were well above prepandemic levels, and indicate “healthy growth rates.” Going forward, Fitch analysts expect steady growth with a mix of business and leisure travel. “Passenger activity has mostly normalized since the pandemic, with business travel still lagging behind prepandemic levels,” the analysts wrote. ©2024 Bloomberg L.P. Top Picks Top Stories Nvidia becomes world's most valuable company as AI rally steams ahead Emissions cap not possible without oil, gas production cuts: Deloitte Nuvei shareholders approve US$
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