Fitch: Omicron obstacle to global airport recovery; domestic travel robust

The Omicron coronavirus variant is the latest obstacle for airports globally with renewed travel restrictions but it is too early to say if Omicron will be a significant disruptor to international air traffic, Fitch Ratings says. Testing requirements have become more stringent, which could dampen the recovery prospects of airports that rely on international travel. A material slowdown in air travel would maintain pressure on global airport revenues and credit quality. US airports are expected to remain resilient due to the strong domestic travel market. The US market is largely based on domestic travel, and air traffic continues to improve,

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