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S&P: Air Canada view stable
Standard & Poor's said it revised its outlook on Air Canada Inc. to stable from negative.
At the same time, S&P affirmed its ratings on the company, including its B- long-term corporate credit rating.
"We base the outlook revision on our view that Air Canada's liquidity will remain adequate and expected cash flow generation will allow the company to maintain its current financial risk profile," S&P credit analyst Jamie Koutsoukis said in a news release.
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