Le Lézard
Classified in: Transportation
Subject: Bond/Stock Rating

Aviation Capital Group Assigned ?Baa2' Rating by Moody's

Aviation Capital Group LLC ("ACG") announced today that it has been assigned issuer and senior unsecured debt ratings of ?Baa2' by Moody's Investors Service.

Moody's highlighted in its press release that the ?Baa2' rating reflects ACG's long history of profitable operations in commercial aircraft leasing, high quality fleet composition, diverse funding sources and effective liquidity management.

"Having worked with Moody's on the aviation leasing industry and ACG since the early 2000s, we have found them to be well informed, with keen insights and intelligent in their views about our industry. We are elated to have a Moody's rating that reflects the financial strength, soundness and security that is ACG," said Khanh T. Tran, president and CEO of ACG.

About Aviation Capital Group

Aviation Capital Group was founded in 1989 and is one of the world's premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of September 30, 2019, which are leased to approximately 90 airlines in approximately 45 countries.

These press releases may also interest you

at 15:30
The "Technology Opportunities in the Electric Vehicle Battery Market" report has been added to ResearchAndMarkets.com's offering. The technologies in electric vehicle battery market have undergone significant changes in recent years, with battery...

at 15:15
STG Logistics ("STG" or the "Company"), a leading provider of specialty 3PL services critical to the global supply chain and a portfolio company of Wind Point Partners, is pleased to announce that its Board of Directors has appointed Paul Svindland...

at 15:00
A Buick, Chevrolet and GMC dealership, Sullivan Motors also offers vehicle parts and services. Right now, the dealership is promoting its offer of tire price match guarantee, which guarantees that drivers can get a tire price match this month....

at 15:00
Axalta announced that Regina M. Tracy, Head of North America Communications and Senior Manager of Corporate Social Responsibility (CSR), was named one of PRNews' Top Women in PR for 2019. The annual awards ceremony, which took place today in New...

at 15:00
Sullivan Motors, a GMC, Chevrolet and Buick dealership in Hattiesburg, offers discounted vehicle services with coupons from their website. Currently, the dealership is promoting its service special for an oil change package. Drivers who need an oil...

at 15:00
Steele Honda, a dealership in St. John's, is offering specials for a weekly lease on a 2019 Honda Accord. This dealership, which sells new Honda vehicles and various used vehicles, is currently promoting its weekly lease special on a 2019 Honda...

News published on 5 december 2019 at 21:50 and distributed by: