Fitch Ratings has downgraded the Long-Term Issuer Default Ratings (IDR) of Singapore-based lessor, Avation PLC and its subsidiaries, Avation Capital and Avation Group to 'CC' from 'B'. Fitch has also downgraded the rating of Avation Capital's senior unsecured notes guaranteed by Avation to 'C' from ...
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By
Dino D'Amore
17th November 2010