Summary: DFS Deutsche Flugsicherung GmbH - S&P Global Ratings’ Credit Research

Summary: DFS Deutsche Flugsicherung GmbH

Summary: DFS Deutsche Flugsicherung GmbH - S&P Global Ratings’ Credit Research
Summary: DFS Deutsche Flugsicherung GmbH
Published Feb 05, 2010
1627 words — Published Feb 05, 2010
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Abstract:

The 'AAA' ratings on DFS Deutsche Flugsicherung GmbH (DFS) are based on the group's stand-alone credit profile (SACP), which Standard&Poor's Ratings Services assesses at 'A', as well as on our opinion that there is an "almost certain" likelihood that the German Federal government would provide timely and sufficient extraordinary support to DFS in the event of financial distress. In accordance with our criteria for government-related entities (GREs), our view of an "almost certain" likelihood of extraordinary government support is based on our assessment of the group's: "Critical" role, based on our view that DFS civil and military air traffic control (ATC) operations are of utmost strategic importance to Germany's economy, public safety, and defense capability, and "Integral" link

  
Brief Excerpt:

RESEARCH Summary: DFS Deutsche Flugsicherung GmbH Publication date: 05-Feb-2010 Primary Credit Analyst: Nicolas Baudouin, Paris (33) 1-4420-6672; nicolas_baudouin@standardandpoors.com Secondary Credit Analyst: Alexandre de Lestrange,...

  
Report Type:

Summary

Ticker
1070Z@GR
Issuer
GICS
Airport Services (20305010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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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MLA:
S&P Global Ratings’ Credit Research. "Summary: DFS Deutsche Flugsicherung GmbH" Feb 05, 2010. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-DFS-Deutsche-Flugsicherung-GmbH-773753>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: DFS Deutsche Flugsicherung GmbH Feb 05, 2010. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-DFS-Deutsche-Flugsicherung-GmbH-773753>
  
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