Which airlines’ credit ratings have dropped the most?

A report from a leading credit rating agency shows the true financial position of some of the world’s largest airlines  

Throughout the COVID-19 pandemic, we’ve heard a lot from various airlines about their financial positions and risk exposure, but the corporate gobbledygook makes it hard to really gauge how an airline is actually fairing during these difficult times. 

Simon Gregory
(All photos Aviation Image Network/Simon Gregory)

Credit ratings, however, are arguably the simplest way to see the economic situation that a carrier finds itself in. Instead of having to process the airline’s drop in traffic, revenue and subsequently profit, this financial indicator helpfully gives the companies a score based upon an assessment by the agency providing them.

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