Fitch Ratings has affirmed the 'A+' rating on the State of Alaska's Alaska International Airport System (AIAS, or the system) approximately US$551 million of revenue bonds. The rating outlook for all bonds is stable. The rating reflects AIAS's strong market position for cargo activities, a monopoly for air service within the state albeit supported by a modestly sized traffic base, conservative debt structure, and management’s continued prepayment of debt. Cargo volume continues to … [Read more...] about Fitch affirms Alaska Int’l Airport System’s A+ rating
alaska
Fitch affirms Alaska Int'l Airport System's A+ rating
Fitch Ratings has affirmed the 'A+' rating on the State of Alaska's Alaska International Airport System (AIAS, or the system) approximately US$551 million of revenue bonds. The rating outlook for all bonds is stable. The rating reflects AIAS's strong market position for cargo activities, a monopoly for air service within the state albeit supported by a modestly sized traffic base, conservative debt structure, and management’s continued prepayment of debt. Cargo volume continues to … [Read more...] about Fitch affirms Alaska Int'l Airport System's A+ rating