OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed TRANSAERO Airline credit (long-term creditworthiness) rating A+ ("Very high level of creditworthiness"), the third sub-level. The rating outlook is "stable".

The Company rating was positively influenced by medium high operational performance indicators for 2013, vast geographic footprint and high level of insurance coverage.

High level of debt burden, low level of capital adequacy, low general profitability ratios at the end of 2013 were highlighted as the rating-restraining factors.

Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity.

Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.

Expert RA is accredited at the RF Ministry of Finance. The Agency ratings are included in the list of official requirements to banks, insurers, pension funds, issuers. Expert RA ratings have been officially recognized by FSFM, Central Bank of Russia, Vnesheconombank of Russia, MICEX-RTS, Mortgage Crediting Agency, Deposit Insurance Agency, professional associations and self-regulating organizations: VSS, Russia Association, Strategic Initiative Agency, RSA, NAPF, NLU, NSG, NFA, and hundreds of companies and agencies in the period of bids and tenders.

By now the Agency assigned about 800 individual ratings. Expert RA is the largest rating agency in Russia and CIS, it tops the list of other Russian and foreign agencies by a number of ratings assigned to banks and companies in CIS countries. Expert RA is the first (36%) at the market of legal entity credit risks, the first at the bank rating market; the first (85%) at the market of credibility ratings, assigned to Russian insurance companies in Russia.