In this 2-part module we examine the approach of the credit rating agencies to the assessment of credit risk for global passenger airlines. We review the principal publications by the agencies on this subject, illustrate the more critical calculations they require, and apply their guidelines to the credit assessment of one particular airline to drive home in the clearest manner the key learning points.
target audience:DX1 Corporate bankers, relationship managers, research analysts, credit risk managers
prerequisite required:
– None
prerequisite recommended:
– None
Please click below pictures to explore the chapters:
