Airline

Air NZ credit rating up on notch by Moody’s

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Air NZ credit rating up on notch by Moody’s

Moody's Investors Service has upgraded Air New Zealand's credit rating by one notch from Baa3 to Baa2, with a stable outlook. Moody's changed its approach capitalising operating leases which led to a reduction in Air NZ's adjusted debt, and anticipates lower jet fuel prices and strong demand will un...

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