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Prospect News home > News index > List of issuers A > Headlines for Air Canada Inc. > News item |
S&P affirms Air Canada
Standard & Poor's said it affirmed its B long-term corporate credit rating on Air Canada.
The outlook is stable.
S&P said the rating on Air Canada reflects its participation in the high-risk airline industry, uncertain free cash flow generation and high leverage.
These factors outweigh its strong market presence in Canada, the agency noted.
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