Credit Rating Report
Vancouver Airport Authority: Rating Report
InfrastructureSummary
On September 13, 2024, DBRS Limited (Morningstar DBRS) confirmed Vancouver Airport Authority's (VAA or the Authority) Issuer Rating and Senior Debentures credit rating at AA (low), both with Stable trends. The credit ratings remain supported by the economic strength of the service area, relatively competitive aeronautical fees, robust passenger services, and the satisfactory traffic volume recovery from the COVID-19 pandemic.
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Contacts
Kevin Li
Senior Vice President, Sector Lead - Corporate Ratings, Asset Finance
+(1) 416 597 7328
kevin.li@morningstar.com- Valiant Ip
Vice President - Corporate Ratings, Asset Finance
+(1) 416 597 7389
valiant.ip@morningstar.com