Airbus Upgraded To 'A+/A-1+' On Supportive Financial Policy, Despite Ongoing Program Costs And Risks; Outlook Stable

Netherlands-based aerospace and defense company Airbus Group SE (Airbus) continues to demonstrate a credit-supportive financial policy, with no recent material share buybacks or acquisitions, while also raising funds from disposals. We are therefore raising to 'A+/A-1+' from 'A/A-1' our long- and short-term corporate credit ratings on the company. The stable outlook reflects our view that Airbus will maintain considerable financial flexibility at this rating level, despite facing ongoing costs and execution risks on key military and civil aircraft programs. LONDON (S&P Global Ratings) Sept. 27, 2016--S&P Global Ratings today said it has raised to 'A+' from 'A' its long-term corporate credit and issue ratings on Netherlands-based aerospace and defense company Airbus Group SE (Airbus). The outlook is stable. At the

...+ Netherlands-based aerospace and defense company Airbus Group SE (Airbus) continues to demonstrate a credit-supportive financial policy, with no recent material share buybacks or acquisitions, while also raising funds from disposals. + We are therefore raising to 'A+/A-1+' from 'A/A-1' our long- and short-term corporate credit ratings on the company. + The stable outlook reflects our view that Airbus will maintain considerable financial flexibility at this rating level, despite facing ongoing costs and execution risks on key military and civil aircraft programs. LONDON (S&P Global Ratings) Sept. 27, 2016--S&P Global Ratings today said it has raised to 'A+' from 'A' its long-term corporate credit and issue ratings on Netherlands-based aerospace and defense company Airbus Group SE (Airbus). The outlook is stable. At the same time, we raised our short-term corporate credit rating on the company to 'A-1+' from 'A-1'. The upgrade reflects our view that Airbus has demonstrated a continued credit-supportive...

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