Moody's

December 20, 2011 - 4:20pm

In a statement released last week, Standard & Poor’s rating services said its ratings and outlook on Wichita-based Hawker Beechcraft (HB) are not affected by the aircraft manufacturer’s retention of Perella Weinberg Partners to help assess its revolving credit agreement, the terms of which were last amended more than two years ago. The HB decision followed an announcement by Standard & Poor’s on December 1 that it would cut its credit rating of HB to Caa3, saying the manufacturer may be facing a distressed debt restructuring.

October 27, 2011 - 12:52pm

Hawker Beechcraft expressed disappointment in learning that on September 13, Moody’s Investment Service downgraded the Wichita-based OEM’s corporate family rating from Caa2 to Caa1.

May 9, 2008 - 7:20am

Low demand for corporate aircraft and small airliners has led New York-based financial advisor Moody’s Investors Service to review, and possibly downgrade in
the next two months, certain Bombardier debt ratings. Bombardier Aerospace’s intermediate-term earnings and cash flow could be constrained by any adverse market effects, according to Moody’s corporate finance group senior vice president Tassos Philippakos.

May 8, 2008 - 5:01am

Regional-aircraft manufacturers face the prospect of increased financial risk in coming years, despite having been able to reduce sales costs since the mid-1990s, according to Moody’s Investor Service. As the economic recession continues, the New York-based credit research agency said such companies might not escape global requirements for more financial assistance to operators.

 
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