Senior Director
Fitch Ratings
Scott Monroe is a San Francisco-based Senior Director in Fitch Ratings’ U.S. Public Finance Group. He serves as Sector Head for the Municipal Infrastructure Team, which covers airports, seaports, and toll roads. Scott joined Fitch in 2007, previously headed Corporate’s Infrastructure Team, and was an analyst on Fitch’s tax-supported, and water/sewer teams.
Scott earned a BS in business administration from the Haas School of Business at UC Berkeley and is a CFA Charterholder. In addition, he is a member of the California Society of Municipal Analysts and the National Federation of Municipal Analysts. Scott was named as a Rising Star by the Bond Buyer in 2018 and a Municipal All-Star by Smith’s in 2023.
How are airports budgeting and managing cost escalation risk on CIPs given the tariffs and supply-chain impacts? How are credits doing in light of inflation and the many very large capital programs? How has the shift in air travel demand toward higher-end passengers affected airports of all sizes? Is airport public parking becoming obsolete given the growth of driverless cars? If so, how should airports balance near-term capacity with long-term decline risk?