LAX Skylink on Brink of Collapse | California News

LAX’s Skylink project, nearly 99.6% complete, is teetering on financial collapse as Fitch downgrades its $1 billion bonds to “junk” territory, warning of potential lender demands and contract cancellation if deadlines miss. Amid a bitter dispute between the airport and contractor LINXS—each blaming the other for delays—the system could still be months away from passenger service, pushing into late 2026 and jeopardizing its role in LAX’s modernization push for the World Cup and 2028 Olympics. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bbccf51bbb567dfd