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Fitch Affirms Birmingham Airport Authority, AL's Revs at 'A-'; Outlook Negative

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A-' rating on approximately $189.6 million of outstanding airport revenue bonds issued by the Birmingham Airport Authority, AL on behalf of the Birmingham-Shuttlesworth International Airport. The Rating Outlook remains Negative. The rating reflects the airport's established service area with a recent history of traffic contraction, rising airline costs to support prior debt-funded capital investments, manageable future infrastructure nee

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