Fitch Affirms Aeroflot at ‘B+’; off RWN; Outlook Stable

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By admin March 9, 2016 11:43

Fitch Affirms Aeroflot at ‘B+’; off RWN; Outlook Stable

Fitch Ratings has affirmed Public Joint Stock Company Aeroflot – Russian Airlines’ (Aeroflot) Long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable.

The rating affirmation and removal of RWN reflect the improvement of Aeroflot’s credit metrics in 2015, which the rating agency expects to be sustained over 2016-2019.

admin
By admin March 9, 2016 11:43