SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed Reno-Tahoe Airport Authority's (RTAA) approximately $22.4 million of senior outstanding airport system revenue bonds at 'A'. The Rating Outlook is Stable. RTAA also has approximately $8.9 million in Series 2011 subordinate lien notes outstanding that are not Fitch rated. The rating reflects the airport's monopolistic position for air service in northern Nevada, serving a primarily leisure and business market with an enplanement base tha