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Summary: Denver City & County, Colorado Denver International Airport; Airport; Joint Criteria Nov 10

  • ID: 2035437
  • November 2010
  • Region: Global, Colorado
  • Standard & Poors
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  • Denver City & Cnty
  • Denver Intl Arpt
  • MORE

Standard & Poor's Ratings Services affirmed its 'A+' long-term rating and underlying rating (SPUR) on Denver City and County, Colo.'s outstanding senior-lien airport system revenue bonds, issued for Denver International Airport (DIA). The outlook is stable. The ratings reflect our view of the following credit strengths: The continued commitment from United Continental Holdings Inc. (United; B/Stable) to operate a major hub at DIA; Stable passenger traffic during the economic downturn, with enplanements totaling 25.1 million in 2009, down only 2.0% from 2008; A strategic location for the east-west flow of domestic traffic and no major competing facilities within 500 miles; and Excellent airfield efficiency and significant capacity for future growth, with six runways and more than 50 square miles of...

Companies mentioned in this report are:
- Denver Intl Arpt
- Denver City & Cnty

Action: Affirmed
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying READ MORE >

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- Denver Intl Arpt
- Denver City & Cnty

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