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Dallas/Fort Worth Intl Airport's $500 Mil in Revenue Bonds Rated 'A+' on Stable Finances Aug 02
- Published: August 2002
- Standard & Poors
NEW YORK (Standard & Poor's) Aug. 30, 2002--Standard & Poor's Ratings Services today assigned its single-'A'-plus rating to the cities of Dallas and Fort Worth, Texas' $500 million airport joint revenue bonds, series 2002A, 2002B, and 2002C based on the airport's stable financial performance, despite the average recovery in demand, due to positive management actions. The outlook is stable. "Dallas-Fort Worth International Airport's (DFW) vibrant underlying service base, low airline costs, and American Airlines' commitment to the capital program positions the airport well for a recovery from the current depressed traffic levels," said credit analyst Reid Tomlin. "We are also comfortable that the seasoned management team is cognizant of the challenges ahead, including preserving the airport's standing as one of...
Companies mentioned in this report are: Dallas Fort Worth Intl Arpt
Action: New Rating
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Research type: News
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Dallas Fort Worth Intl Arpt