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Business Strength of Etihad Airways recognized with ‘A’ rating by Fitch

  • Published by Ozgur Tore

etihad a330 200Etihad Airways, the national carrier of the United Arab Emirates, has welcomed the announcement today that it has been assigned the rating of ‘A’ with a Stable Outlook, by Fitch Ratings. James Hogan, President and Chief Executive Officer of Etihad Airways, said: “The Fitch A rating is further independent recognition of the strength of this business and of our strategy.

Fitch Ratings, one of the world’s largest credit ratings agencies, issued the Long-term Issuer Default Rating (IDR) following a detailed independent analysis of Etihad Airways’ business, its commercial performance and its equity alliance strategy.

“We have already raised more than US$ 11 billion to support our growth, from more than 80 financial institutions around the world. We raise that finance on commercial terms, with no sovereign guarantees or letters of comfort.

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