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: Outlook: Stable
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