The risk rating agency S&P Global Ratings changed the outlook from negative to stable and confirmed the ‘BBB’ rating of Tocumen International Airport, SA (AITSA), the entity reported this Wednesday, August 30.
Tocumen’s credit evaluation incorporates the support of the Panamanian government, an aspect that the rating agency considers will be maintained in the long term due to its status as a strategic asset for the country.
According to Raffoul Arab, general manager of Tocumen, SA, this improvement in the credit outlook reflects AITSA’s financial discipline, aligned with the country’s fiscal administration and its continuous growth.
“For the Tocumen International Airport, this is a relevant event that injects confidence into the execution of our prudent management plan and the development of the airport,” Arab said.
The positive perspective of AITSA’s rating reflects the sustained increase in the number of passengers, a factor that supports the sustainability of the financial profile of the air terminal.