Airline

Fitch cuts WestJet to ‘B-’ as fuel costs delay recovery in credit metrics

  • Share this:
Fitch cuts WestJet to ‘B-’ as fuel costs delay recovery in credit metrics

Fitch Ratings has downgraded WestJet to ‘B-’ from ‘B’, warning that elevated jet fuel prices will prolong pressure on profitability and delay improvement in the airline’s credit profile. The agency also lowered ratings on WestJet’s senior secured and loyalty programme debt to ‘B+’, ...

Page content restricted for non-members!

Become a member!