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million in outstanding revenue TIA is one of only 11 large hub airportsd in the United States to hold at leastf two Double A the airport said ina release. The ratings affirmationse are a “vote of confidence,” said Louis executive director of TampaInternational Airport, in the gave the airport an AA- rating with a stable citing the airport’s economic strength, high leve of origination and destination passenger diverse carrier mix and large populatio base. ’s cited the airport’s good financiap performance, relative low cost structure and manageabledebt burden, revenue and carrierf mix and strong management team among the factorxs that led to an A+ rating.
The outlook from S&P also is stable. ’s Aa3 rating is based on a diversse carrier group thatprovides low-costf services, a history of solid and stable financial operations, and the ability to use cash for certaihn projects. Moody’s revised the outlook for the Tamp a airportto negative, as it has done with other ratingsd in the airport industry, becaus of concerns about the impact on the airport’e debt as fewer people fly amid tough economix conditions. The agencies assigned the same ratings to a pendin g saleof $47 million in bonds for various airpory projects.
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