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Fitch Affirms Rating on New Orleans Aviation Board $144M Bond Series 2009 - 6/25/2010 -

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Yesterday Fitch Ratings affirm an A- rating on approximately $144.3 million New Orleans Aviation Board revenue refunding bonds series 2009.   The general airport revenue bonds are secured by a pledge of general revenues collected at Louis Armstrong New Orleans International Airport with a Stable Outlook.

"Were pleased that Fitch affirmed the A- rating with the stable outlook, stated Iftikhar Ahmad, Director of Aviation at Armstrong International.  "We continue to grow our air service and this rating shows their confidence in New Orleans and our citys leadership.


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