Title:

Research Update: US Airways Group Outlook Revised To Stable From Positive; Ratings Affirmed

Price:$175.00
Publication Date:Mar 24, 2008
Report Type:Research Update
Abstract:On March 24, 2008, Standard&Poor's Ratings Services revised its outlook on US Airways Group Inc. to stable from positive. We have affirmed all ratings, including the 'B-' long-term corporate credit rating. The outlook revision is based on an expected weakening of the company's financial profile from sustained high fuel prices. We expect the company to post a significant loss in 2008 not only because of higher fuel prices, but also due to weaker demand caused by a slowing economy. The ratings on US Airways Group Inc. reflect the high risk profile of the U.S. airline industry, a substantial debt burden, limited financial flexibility, and ongoing labor integration problems. Ratings also incorporate the company's relatively good liquidity and modest
Brief Excerpt:RESEARCH Ratings Definitions Research Update: US Airways Group Outlook Revised To Stable From Positive; Ratings Affirmed Publication date: ##-Mar-#### Primary Credit Analyst: Betsy R Snyder, CFA, New York (#) ###-###-####; betsy_snyder@standardandpoors....
Word Count:1306
Ticker:U
Issuer:US Airways Group Inc.
GICS:Airlines (20302010)
Sector:Global Issuers, Financial Institutions, Corporations, Transportation
Country:United States
Region:United States
Format:HTML HTML
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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