SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A' rating on Memphis-Shelby County Airport Authority, Tennessee's (the authority) outstanding $334 million general airport revenue bonds (GARBs). The Rating Outlook is Stable. Rating Summary: The 'A' rating is supported by Memphis International Airport's (the airport) low to moderate leverage and stable financial operations, buoyed by residual airline use and lease agreements (AULs) and the long-term presence of Federal Express (Fe
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