Fitch Ratings and S&P Global Ratings have upgraded the credit ratings of Ontario International Airport Authority (OIAA) to A+ and A, respectively, citing the airport's financial strength and growth trajectory.
Why it matters. The credit upgrades will likely reduce borrowing costs and improve the airport's financial flexibility, supporting its long-term growth plans.
annual passenger traffic has grown from approximately 4.3 million travelers to more than 7 million
ONT is owned and operated by the Ontario International Airport Authority
Ontario International Airport (ONT) serves more than 7 million passengers per year
since the airport's return to local ownership in 2016. During that time, annual passenger traffic has grown
Both agencies also called their rating outlooks stable
Fitch Ratings has assigned it an A+ rating on its airport revenue bonds
S&P Global Ratings gave OIAA's revenue bonds an A rating
"Ontario International has spent the last decade proving what is possible when an airport has the courage to think differently, the discipline to execute and a team that refuses to accept limits others place on us," said Atif Elkadi, chief executive officer of the Ontario Intern…
ONTARIO, Calif., Oct. 8, 2026 /PRNewswire/ -- The Ontario International Airport Authority (OIAA) today welcomed news that Fitch Ratings has assigned it an A+ rating on its airport revenue bonds while S&P Global Ratings gave OIAA's revenue bonds an A rating. Both agencies also ca…
