Moody's lifts Aviation Capital view to stable

Moody's Investors Service said it revised the outlook to stable from negative and affirmed the Baa2 long-term issuer and senior unsecured ratings of Aviation Capital Group LLC.

Moody's said it revised the outlook based on an expectation that demand for leased aircraft will rise as air carriers rebuild capacity to serve strengthening air travel demand, helping to improve ACG's profitability and cash flow metrics over the next 12-18 months.

“The stable outlook also reflects Moody's expectation that ACG will continue to maintain low debt-to-tangible net worth leverage and strong liquidity,” the agency said in a press release.

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