...S&P Global Ratings has affirmed its '##-' long-term rating and underlying rating (SPUR) on the Greater Orlando Aviation Authority's (GOAA or the authority) senior-lien airport facilities revenue bonds and its 'A+' rating on the authority's subordinate airport facilities revenue bonds. The outlook is stable. The ratings reflect our opinion of Orlando International Airport's (MCO or the airport) very strong enterprise risk profile and strong financial risk profile. We applied a one-notch positive adjustment using holistic analysis in arriving at the final '##-' long-term rating and SPUR on the senior debt. The positive adjustment, in our view, better reflects the overall creditworthiness of the airport, which is one of the nation's largest on an origin-destination (O&D) basis because of its very important role serving the unique Orlando market, resulting in consistently high activity levels and strong financial results. The very strong enterprise risk profile reflects MCO's favorable demand...
