Fitch Affirms Aruba Airport Authority, N.V. at 'BBB'; Outlook Stable

Article from Business Wire

Fitch Ratings affirms the 'BBB' unenhanced long-term rating on approximately $60.3 million of Aruba Airport Authority, N.V.'s (the authority) airport revenue bonds. Net revenues derived from the authority's ownership and operation of Queen Beatrix International Airport (the airport) secure the bonds.

Revenues include an authority-levied passenger facility charge (PFC) and various other passenger fees. The PFC is similar to an authority-levied departure tax and is not subject to the guidelines of the U.S. Federal Aviation Administration PFC program. The Rating Outlook is Stable.

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