Seaborne Airlines announced Tuesday new non-stop service from Luis Muñoz Marín Airport to three new airports in the Caribbean — Melville Hall Airport in Dominica, the Aime Cesaire Airport de Fort-de-France in Martinique, and the Pointe-a-Pitre International Airport in Guadeloupe — starting April 1.
Moody's Investors Service announced Wednesday it has assigned provisional ‘Baa3’ ratings to Aerostar Airport Holdings, LLC's $350 million of senior secured bonds. The outlook is stable. Bond proceeds will be used to partially fund the acquisition of a long-term lease to operate the Luis Muñoz Marin Airport.
In about a week, the Federal Aviation Administration is expected to make its decision on the public-private partnership agreement through which the government of Puerto Rico would turn over the management of the Luis Muñoz Marín International Airport to Aerostar Airport Holdings for the next 40 years.
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