Airline

Moody’s signals downgrades for European airlines

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Moody’s signals downgrades for European airlines

Ratings agency Moody's has signalled a series of downgrades for European airlines as they try and contain the impact of Covid-19 to their balance sheets. Moody’s has downgraded low cost carrier EasyJet to Baa2 from Baa1 and Lufthansa to Ba1 from Baa3, with the latter on review for another downgrad...

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