S&P upgrades Airbus, debt to A+

S&P said it raised its long-term corporate credit and issue ratings on Airbus Group SE to A+ from A and its short-term corporate credit rating to A-1+ from A-1.

The outlook is stable.

S&P said the upgrade reflects its view that Airbus has demonstrated a continued credit-supportive financial policy, with no material share buybacks or acquisitions being made, while also raising funds from disposals.

At the same time, Airbus faces ongoing operational challenges on a number of key military and civil aircraft programs, which have led to additional costs and heightened execution risks, the agency explained.

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