Fitch Affirmed Aeroflot Credit Rating
OREANDA-NEWS. March 30, 2012. In the course of annual monitoring International rating agency Fitch has affirmed JSC “Aeroflot” Credit Rating at “BB+” with a Stable Outlook, reported the press-centre of Aeroflot.
Amid disturbing signals in global economy, which triggered higher oil prices and as a result higher pressure on carrier expenses, confirmation of Rating and Outlook for 2012 reflects Fitch analysts’ confidence in financial stability of Aeroflot.
Credit Rating level reflects appreciation of effectiveness of Aeroflot management mergers and acquisitions policy, in particular Aeroflot management strategy of development and maintenance of stable financial position of the Group on the whole.
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