Moody’s, Fitch withdraw Western Global’s ratings
Cargo airline has $400M in aircraft assets
As bankruptcy rumors continue to swirl around cargo carrier Western Global Airlines, Moody’s Investors Service and Fitch Ratings have withdrawn their credit ratings, citing lack of information. Moody’s downgraded WGA’s corporate family rating to Caa1 from B2 and its senior unsecured rating to Caa2 from B3 in March and placed the ratings on review for […]
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