Brief: Fitch Downgrades Westjet To 'B-' From 'B' Outlook Stable
April 8 (Reuters) - Onex Corp ONEX.TO: FITCH DOWNGRADES WESTJET TO 'B-' FROM 'B'; OUTLOOK STABLE FITCH ON WESTJET: EXPECTS COMPANY TO OFFSET FUEL COSTS THROUGH FARE INCREASES AMID STRONG DEMAND FITCH: EXPECTS JET FUEL PRICES TO STRAIN PROFITABILITY KEEPING WESTJET'S CREDIT METRICS OUTSIDE NEGATIVE SENSITIVITIES THROUGH 2026 Source text: ID:nFIT1G6Nxh Further company coverage: ONEX.TO ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Onex
See all newsCanada launches loan program to help airlines deal with high fuel prices (updated)
Brief: Westjet Opposes Government’S Proposal To Issue Loans To Airlines Amid Rising Fuel Costs
Brief: WestJet Airlines President Diederik Pen Announces Plans To Retire
Canada Research Roundup: Keyera, Pembina Pipeline, Stantec
1st Quarter Results