---
id: 60f00f6db5
section: transit
first_reported: 2026-11-12 13:43 PST
updated: 2026-11-12 13:43 PST
status: reported
outlets: 1
---

# Fitch downgrades LAX people mover project's credit rating

Fitch Ratings significantly downgraded the LINXS Skylink people mover project at LAX, which faces setbacks as it approaches a key deadline.

Section: [Transit & Streets](/los-angeles/section/transit.md) · Entities: [Fitch Ratings](/los-angeles/wiki/fitch-ratings.md), [LINXS Skylink](/los-angeles/wiki/linxs-skylink.md)

## Coverage

- [Los Angeles Times](https://www.latimes.com/california/story/2026-11-12/junk-bond-ratings-on-troubled-lax-people-mover-drop-again-as-key-deadline-nears), 2026-11-12 13:43 PST: Troubled LAX people mover drops further into junk bond status as key deadline nears

Headline and summary written by the Acta Diurna desk from the coverage above. Read the original reporting for full detail.