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CPA seeks federal subsidy for interisland air service

Following the recent suspension of flights by the CNMI’s only interisland air travel service due to a fee assessment dispute, the Commonwealth Ports Authority has reached out to the U.S. Department of Transportation requesting it extend the eligibility for its Essential Air...
Posted On Dec 13 2021 06:05
, By Kimberly Bautista Esmores
0

Fitch affirms ‘B+’ rating of CPA airport revs; outlook at ‘stable’

NEW YORK—Fitch Ratings has affirmed the ‘B+’ rating on the Commonwealth Ports Authority approximately $7.8 million of outstanding senior series 1998A airport revenue bonds. The Rating Outlook has been revised to Stable from Negative. Rating rationale The Outlook...
Posted On Dec 13 2021 06:05
, By Press Release
0

‘The people should not suffer in dispute between CPA, Star Marianas’

The Commonwealth Ports Authority has appealed to Star Marianas Airlines Inc., again, in an attempt to temporarily resolve the current dispute and resume interisland air service, stating that the true victims of the dispute are the residents of Saipan, Tinian, and Rota. In a...
Posted On Dec 08 2021 06:01
, By Kimberly Bautista Esmores
0

Star Marianas doubts CPA’s sincerity

In the wake of the recent dispute between Star Marianas Air Inc. and the Commonwealth Ports Authority that has put all interisland travel on hold indefinitely, Star Marianas says it doubts CPA’s sincerity in resolving the current and any future disputes in good faith. According...
Posted On Dec 07 2021 06:06
, By Kimberly Bautista Esmores
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