S&P Global Ratings has lifted outlook for American Airlines from “stable” to “positive”, saying on March 24 that the carrier is “well positioned to generate credit measures we view as strong”. The carrier should “continue to improve its earnings and cash flow this year”, S&P said, though that “assumed” passenger demand would remain strong in the face of high fares driven by “industry capacity constraints”, Beyond those assumptions, SP warned of “notable risks” posed in the near term by a “softer US economy and elevated jet fuel prices” and added that “debt maturities over the next few years are significant”.
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