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NEWS RELEASE

Fitch Affirms CVG BBB+ Rating


Outlook Remains Stable

Nov. 8, 2011 — Fitch Ratings today affirmed its BBB+ rating of CVG's outstanding revenue bonds and said its outlook for the airport remains stable.

Fitch cited CVG's sound cost structure, stable local enplanements and favorable debt profile as key drivers of its rating.

"Fitch's affirmation underscores the efforts of the entire team at CVG, including our Board, airline and airport partners and our employees," said Candace McGraw, Chief Executive Officer of CVG. "We are committed to positioning CVG for future growth as we continue to provide an exceptional airport experience for all of our customers."

About CVG

Get here. Get there. Get home. Airline partners at CVG offer passengers more non-stop flights than any other airport in the region, including direct international service to Paris, Toronto and Cancun. Book your next flight now at cvgairport.com, where low fares are updated daily.

CVG is also home to DHL’s main North America hub. CVG has been rated the Best Regional Airport in North America and the top airport for "Customer Service Excellence" by Skytrax, a London-based air transport research organization. Earlier this year, CVG became the first airport in the country to receive Safety Act Designation and Certification from the Department of Homeland Security (DHS), giving the airport the highest level of protections under the Act.
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