Moody’s turns Airbus view to stable

Moody’s said it changed Airbus SE’s outlook to stable from negative and affirmed the A2 ratings on the company and Airbus Finance BV.

The stable outlook reflects an expectation that Airbus will maintain its prudent financial policy and credit metrics in line with Moody’s tolerance band for the current rating, the agency said.

“The improved business prospects over the next two to three years should also support a path to improved profitability and cash flow generation, and hence a further improved balance sheet. The stable outlook also encompasses our expectation that Airbus will maintain a strong liquidity profile as underpinned by its target to reach a €10 billion net cash position,” Moody’s said in a press release.

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