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Los Angeles Times
Source: Los Angeles Times
4 HrsLos Angeles Times
Source: Los Angeles Times
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Fitch Ratings downgraded $1.2 billion in bonds for LAX’s Skylink people mover from BB to B-, citing the near certainty the train will miss its Dec. 8 completion deadline and concerns about a technical default. Contractor LINXS has said the train will not be ready until February 2027 or later; unresolved technical issues and repeated restarts of required testing continue to delay its opening.
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