Moody’s revises Aviation Capital view to negative

Moody’s Investors Service said it changed the outlook to negative from under review and confirmed the Baa2 ratings of Aviation Capital Group LLC.

The outlook revision and confirmation conclude the review started on June 1, Moody’s said.

“ACG's negative outlook reflects Moody's expectations of a more extended and weaker recovery in air travel that results in higher risks to earnings, cash flow, liquidity and capital positions,” the agency said in a press release.

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