
CVG’s revenue bond rating now A+ indicating ‘solid financial profile’ thanks to new airline use agreement
Fitch Ratings has upgraded CVG’s revenue bonds rating to A+ from an A-, citing “the airport’s measurably improved financial profile on a go-forward basis under its new five-year hybrid compensatory airline use agreement” as the reason for the upgrade. Fitch also pointed out as key rating drivers, CVG’s “continued stabilization of the airport’s origin…