S&P Global Ratings affirmed its 'A+' long-term rating on Austin , Texas' series 2025 airport system revenue refunding bonds (initially rated March 12, 2025) and its 'A+' rating on Austin-Bergstrom International Airport 's (AUS) airport revenue bonds outstanding. We also affirmed our 'A' long-term rating on the city's hotel revenue bonds issued for Austin-Bergstrom Landhost Enterprises Inc. (ABLE). The outlook on all ratings is stable. DENVER (S&P Global Ratings) Oct. 22, 2025--S&P Global Ratings today took the rating action listed above. We analyzed the airport's risks related to environmental and governance factors and consider them neutral in our credit rating analysis. Social capital opportunities due to favorable demographic trends have a stabilizing influence on our credit analysis for AUS, which