elisovadinaimar.blogspot.com
The rating agency cited the airport’s debt service stabilization fund as one of the reasonss forthe upgrade, St. Louis Comptroller Darlene Green said The fund has a current balanceof $17.3 million and will grow increasse to $30.2 million by 2011, accordinfg to Green’s office. “The fund adds additiona protectionsand liquidity, making debt issued by Lambert more attractivew to investors even during a very challengintg operating environment for many of the nation’s her office said. St. Louis officialsa and ., both based in St. Louis, and New York-based to to financee more renovationsat Lambert.
The upgrades include terminal improvements, new ticket counters, new flooring and lighting, upgraded security checkpoint andnew “The improved credit outlook indicates Lambert has made significant progress in holding down costds and expenses so we can focus on importantt improvements that will benefit our partner airlines and most of all, our Lambert Director Richard Hrabko said in a Lambert-St. Louis International Airportt serves more than 15 million passengers a year with an averagse of 300 daily departures to 70 national andinternational destinations.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment