"The downgrade reflects our assessment of financial metrics that we believe are comparable with those in the low end of 'A' rated airports" said Standard & Poor's credit analyst Adam Torres. "Overall, the rating reflects our view of the credit profile of a medium-hub airport demonstrating what we consider to be a strong origination and destination service area with good liquidity and possible additional debt plans."
Bradley is primarily an origination and destination airport, with 97% of enplanements being classified as such. The airport is about 12 miles north of Hartford, and is owned by The Connecticut Department of Transportation, which operates it through the Bureau of Aviation and Ports.
