Airline Financial recents 09-10-2001 Swissair offence Rating Cut Due To Cash come Affiliate Troubles Volume: 19 Number: 34 ISSN: 10405410 Publication Date: 09-10-2001 Page: 1 Type: Periodical Language: English Beleaguered Swissair got near more bad news on Aug.
Beleaguered Swissair got near more bad news on Aug. 31 when Moody's Investors Service downgraded its liability rating, citing low cash sweep along of core operations, tight financial flexibility and commitments toward its under-performing German affiliate LTU
Although Swissair's flag carrier status is factored into the ratings, Moody's notes that to such a degree far there has been no indication of or a petition ...