Fitch Says Global Airlines, Lessors Face Mixed 737 Max Grounding Risk [Reuters]
Gol Linhas Aereas Inteligentes S.A. Sponsored ADR representing 2 Pfd Shares (GOL)
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Source: Reuters
Boeing Co (BA.N) Key Developments | Reuters.com March 14 (Reuters) - FITCH::FITCH SAYS GLOBAL AIRLINES, LESSORS FACE MIXED 737 MAX GROUNDING RISK.FITCH SAYS TEMPORARY GROUNDING OF BOEING'S 737 MAX IN U.S. AND AROUND WORLD DOESN'T PRESENT AN IMMEDIATE CREDIT RISK FOR LARGE PUBLICLY-RATED AIRLINES.FITCH - LONG-TERM GROUNDING, SUSTAINED ADVERSE MARKET SENTIMENT ON MAX COULD RAISE AIRCRAFT LESSORS' IMPAIRMENT RISK, WITH RESPECT TO OWNED MAX AIRCRAFT.FITCH - SMALLER/LESS FINANCIALLY SECURE CARRIERS COULD FACE PRESSURE FROM LOST REVENUE, HIGHER COSTS PAID FOR REPLACEMENT CAPACITY FROM TEMPORARY GROUNDING OF BOEING'S 737 MAX. Full Article March 13 (Reuters) - Fitch::FITCH SAYS BOEING 737 MAX ISSUE COULD HAVE BROAD AVIATION CREDIT EFFECTS.ON BOEING SAYS PREMATURE TO TAKE CREDIT RATINGS ACTIONS AT THIS TIME AS FINAL CONCLUSIONS ABOUT ETHIOPIAN AIRLINES & LION AIR CRASHES NOT YET KNOWN.SAYS BOEING'S CREDIT PROFILE NOT IMMEDIATELY AFFECTED BY TWO CRASHES BECAUSE OF SUBSTANTIAL LIQUIDITY, FINA
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