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Aashna Shah

Municipal Finance Reporter at Bloomberg News

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Articles

  • 5 days ago | post-gazette.com | Josh Funk |John Seewer |Olga Rodriguez |Aashna Shah

    AP Photo/Seth Wenig The air traffic controllers directing planes into the Newark, N.J., airport lost their radar Friday morning for the second time in two weeks Josh Funk Associated Press The air traffic controllers directing planes into the Newark, New Jersey, airport lost their radar Friday morning for the second time in two weeks. The Federal Aviation Administration said the radar at the facility in Philadelphia that directs planes in and out of Newark airport went black for 90 seconds at...

  • 5 days ago | bloomberg.com | Aashna Shah

    Construction on a viaduct replacement project in Los Angeles. (Bloomberg) -- Investors are gearing up for a favorable time of year in the municipal-bond market as state and local government debt is poised to outperform other areas of fixed income over the next few months. In the summer, new bond sales tend to slow down while money flowing back to investors increases — creating a supply and demand mismatch that boosts prices.

  • 1 week ago | financialpost.com | Aashna Shah

    Advertisement 1Moody’s Ratings has revised its outlook for the US airport sector to negative from stable, citing an expected hit to air travel from the global trade war as a key reason for its view. Article content(Bloomberg) — Moody’s Ratings has revised its outlook for the US airport sector to negative from stable, citing an expected hit to air travel from the global trade war as a key reason for its view.

  • 1 week ago | bloomberg.com | Aashna Shah

    Travelers at John F. Kennedy International Airport (JFK) in New York, US, on Tuesday, Dec. 24, 2024. The Transportation Security Administration (TSA) anticipates screening 40 million passengers this holiday season. Photographer: Yuki Iwamura/Bloomberg(Bloomberg) -- Moody’s Ratings has revised its outlook for the US airport sector to negative from stable, citing an expected hit to air travel from the global trade war as a key reason for its view.

  • 1 week ago | chicagobusiness.com | Aashna Shah

    Rattled flyers are deciding that trips through Newark just aren’t worth it, and United Airlines is waiving fees to ease rebooking pain for passengers affected by the chaos. For days, red cancellation signs have flashed across the airport’s boards and flights have been delayed, leaving travelers stranded. And then there was the revelation about an unsettling lapse: a 90-second breakdown in radio contact for air traffic controllers, which passed safely but had the potential for catastrophe.

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