Deutsche Lufthansa Aktiengesellschaft - Credit Opinion - 2009/09/04 - Moody's Global Credit Research

Report title: Deutsche Lufthansa Aktiengesellschaft

from Moody's Global Credit Research
2573 word report published Sep 04, 2009

Price $150.00 available for immediate download

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Global Credit Research Credit Opinion 4 SEP 2009 Credit Opinion: Deutsche Lufthansa Aktiengesellschaft Deutsche Lufthansa Aktiengesellschaft Cologne, Germany Ratings Category Moody's Rating Outlook Stable Corporate Family Rating -Dom...

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Credit Opinion

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Deutsche Lufthansa Aktiengesellschaft

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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...Deutsche Lufthansa AG ( Lufthansa , ra ted Baa3/Prime-3, positive outlook) is a leading international airline and one of the world s top cargo carriers. It has al so diversified into the provision of services to the airline industry. Its business fields occupy leading positions in their industries. Lufthansa was fully privatised in 1997 when the German govern- ment sold its remaining 35% share in the company. The acqui sition of Swiss International Airlines ( Swiss , not rated) in 2005 consolidated the company s position as one of the major international airlines. ...

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