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Moody’s says Air NZ credit unchanged ‘stable’

The credit quality of Air New Zealand will be unaffected by its acquiring a 14.9 per cent holding in Virgin Blue Holdings, Moody’s Investor Service said.

Paulina Duran
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The credit quality of Air New Zealand will be unaffected by its acquiring a 14.9 per cent holding in Virgin Blue Holdings, Moody’s Investor Service said.

The credit-rating agency said its Baa3 credit rating was unaffected by the purchase of the increased shareholding in Virgin , and kept a “stable" outlook on the company.

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    Original URL: https://www.afr.com/markets/debt-markets/moody-s-says-air-nz-credit-unchanged-stable-20110121-iu7hp