Southwest Still on Credit Watch Negative
- Thread starter Borescope
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BoeingBoy
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Well, the waiting is over......
"S&P cut its ratings one notch to "A-minus," or the seventh-highest rating, from "A."
But......
"The company's healthy earnings and cash flow, along with close to $500 million of debt reduction since 2003, have resulted in the "strongest financial profile" among U.S. airlines, said S&P, which has a stable outlook for the company."
Article
Jim
"S&P cut its ratings one notch to "A-minus," or the seventh-highest rating, from "A."
But......
"The company's healthy earnings and cash flow, along with close to $500 million of debt reduction since 2003, have resulted in the "strongest financial profile" among U.S. airlines, said S&P, which has a stable outlook for the company."
Article
Jim
