...Rationale: The rating reflects the airport's strong position in the south Florida market for both domestic and international air service. Miami stands out as one of the nation's strongest international gateway airports, with a dominant position for Latin American and Caribbean air services. The airport's capital program is essentially complete, while its financial metrics have exhibited stability in recent years. Leading International Gateway Airport: Miami International Airport (MIA) is a well-positioned, leading international gateway airport serving the growing Latin American market. Despite shifting trends in the aviation industry and Ft. Lauderdale competition, overall traffic activity remains robust with approximately 20.2 million enplanements. The passenger base is well balanced for origination and destination (O&D) and connecting passengers, as well as international and domestic operations. American Airlines maintains a sizable connecting hub at Miami, serving 67% of total passengers....
