S&P: Airlines unchanged

Standard & Poor's said that ratings and outlooks of these various airlines are not affected afterBritish authorities say police foiled an apparent plan by terrorists to destroy multiple passenger aircraft flying from the United Kingdom to the United States, causing mass flight cancellations at London airports.

In response, the agency said that the United Kingdom raised its terrorist threat level to "critical" - the highest level - and the U.S. Homeland Security Department raised its air security alert to "red," also the highest level, on flights from the United Kingdom and to "orange" for other flights.

S&P added that the most immediate impact on rated airlines will be felt by British Airways plc (BB+/positive), whose main hub is at London's Heathrow Airport, in the form of lost revenue and added costs.

U.S. airlines, which some reports indicate were targets of the plot, will likely suffer some loss of revenue, as well, the agency said, noting that American Airlines Inc. (B/stable), United Air Lines Inc. (B/stable), Continental Airlines Inc. (B/negative/B-3) and Delta Air Lines Inc. (rated D) are the principal U.S. airlines serving London airports.

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