S&P Global Ratings has affirmed its 'A+' rating on Charleston County Airport District, S.C.'s airport revenue bonds outstanding. The outlook is stable. The rating reflects our assessment of a small-hub airport, Charleston International Airport (CHS), which has had strong enplanement growth and consistently strong financial metrics, specifically debt service coverage (DSC) and liquidity. We consider specific credit strengths to include: Strong historical enplanement trends, which we expect to remain at least stable DSC levels that will be lower but at levels we still consider at least strong on a pro-forma basis A historically strong liquidity position, at no less than 600 days' on hand since 2010, which we expect will continue No additional debt plans The district's rising cost structure,
