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British Airways downgraded by Moody's

London, Great Britain - The evaluation of one of the leading U.S. rating agency

British airline British Airways has been submitted to a fresh downgrade by U.S. leading rating agency Moody's which has cuts carrier's unsecure rating from Ba1 to Ba2.Moody's said the outlook for BA remained negative and warned of the risk of industrial action at the airline, as BA sought to implement its cost-cutting plans to make annual savings of 920 USDm a year including the elimination of 5,800...

AVIONEWS - World Aeronautical Press Agency - 25198

AVIONEWS - World Aeronautical Press Agency
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