Credit ratings agency DBRS Morningstar says growth prospects for airports “may vary” in 2023, with North America likely to fare better than Europe due to a more favourable macroeconomic outlook. “We believe the large domestic market segment in the US will provide more stability and mitigate any global factors that may adversely affect passenger traffic in 2023,” DBRS said in a recent report, adding that the US and Canadian governments offered “greater financial support” to airports than was the case in Europe, where the agency said there were “more challenging regional factors that may dampen the outlook of the airports”.
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