Airbus: Fitch upgrades outlook on rating
(CercleFinance.com) - The credit rating agency Fitch Ratings yesterday raised the outlook associated with the rating on Airbus' debt from "stable" to "positive".
The agency has confirmed its "A-" credit rating for the group.
Indeed, Fitch anticipates "a material increase in cash generation" by the European aircraft manufacturer, both in terms of operational and free cash flow. Analysts point highlight the development of the group's industrial programs and its impact on the group's results, as well as lower restructuring costs.
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The agency has confirmed its "A-" credit rating for the group.
Indeed, Fitch anticipates "a material increase in cash generation" by the European aircraft manufacturer, both in terms of operational and free cash flow. Analysts point highlight the development of the group's industrial programs and its impact on the group's results, as well as lower restructuring costs.
Copyright (c) 2019 CercleFinance.com. All rights reserved.