FRANKFURT (Standard&Poor's) Oct.29, 2008--Standard&Poor's Ratings Services said today it revised its outlook on 100% state-owned DFS Deutsche Flugsicherung GmbH (DFS), Germany's air traffic control organization, to stable from negative. At the same time, we affirmed the 'AAA' long-term and 'A-1+' short-term corporate credit ratings. "The outlook revision reflects our opinion that prospects for a capital privatization of DFS over the coming years are diminishing," said Standard and Poor's credit analyst Ralf Etzelmueller. "Given the currently difficult market conditions and the prevailing skepticism of German political parties about the privatization of state-owned enterprises, we consider it very unlikely that a capital privatization of the German air traffic controller will take place in the medium term." Although we
