Airline Financial of the present days 06-03-2002 Credit Quality Dragged Down by means of Low-Fare Carriers Volume: 20 Number: 22 ISSN: 10405410 Publication Date: 06-03-2002 Page: 1 Type: Periodical Language: English The credit quality of established U and European airlines is being dragged down by means of a number of factors.
Airline Financial of the present days
06-03-2002
Credit Quality Dragged Down by means of Low-Fare Carriers
The credit quality of established U and European airlines is being dragged down by means of a number of factors, including the spread of low-fare carriers and an inability to climb back to profitability following the tribe 11 attacks, according to an analysis through Standard & Poor's.
The May 20 analysis, titled Transportation Report Card, also breaks down the corporate credit rating for 21 airlines.