Ontario International Airport Secures Credit Rating Upgrades from…

Event summary

Fitch Ratings upgraded Ontario International Airport's revenue bonds to A+ from A-, while S&P Global Ratings affirmed an A rating with a stable outlook.
The airport's passenger traffic has grown from 4.3 million in 2016 to over 7 million annually, marking a decade of transformation under local ownership.
ONT BOLD, the airport's long-term vision, focuses on infrastructure expansion to support future growth and enhance customer experience.
The airport supports nearly $5 billion in annual economic output and tens of thousands of jobs in the Inland Empire.

The big picture

Ontario International Airport's credit rating upgrades reflect its decade-long transformation under local ownership, marked by robust passenger growth and strategic investments. The airport's disciplined financial management and long-term growth trajectory position it as a key economic engine for Southern California. The upgrades come as ONT approaches the 10th anniversary of its return to local ownership, underscoring its sustained momentum and regional leadership.

What we're watching

Infrastructure Execution: The pace at which ONT BOLD's infrastructure projects are completed will determine the airport's ability to handle increased passenger demand.
Airline Partnerships: Whether Ontario International can sustain its strong airline partnerships and continue expanding its route network will be critical for future growth.
Regional Economic Impact: How the airport's growth will affect the broader Inland Empire economy, particularly in job creation and economic output.