Moody’s may downgrade British Airways’ ratings

Posted by Naseer Ahmad in Airline Financial News on November 15th, 2008 | 532 views | no responses
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SAN FRANCISCO (MarketWatch) — Moody’s Investors Service on Friday placed all of British Airways‘ ratings, including its Baa3 corporate family rating, on review for possible downgrade. The review was prompted by the continued weakness in the company’s operating results, largely due to the impact of significantly higher fuel prices. The ratings agency added that a downgrade, if any, would be limited to one notch.

source: www.marketwatch.com

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