Fitch Ratings on Thursday confirmed the note “A-” of the Airbus long-term debt with a perspective that remains stable.
This rating reflects the strong position of Airbus commercial aircraft market, its strong order backlog which brings visibility and a strong liquidity profile, the agency said in a statement.
The profitability of the aircraft manufacturer is currently low compared to the note of its debt but should s significantly improve from 2017 thanks to an increase in production rates, improved costs in new programs and a positive currency impact, she adds.
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