00-00-0000 Losse ready Lower Debt Ratings For Aviation Sales Company May 14 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- A leading provider of aviation maintenance and repair facilities.
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Losse ready Lower Debt Ratings For Aviation Sales Company
May 14 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- A leading provider of aviation maintenance and repair facilities, Aviation Sales Company, had its ratings reduc late last month by way of Moody's Investors Service for about $240 million worth of transgression securities.
The rating action was readyed by the company's large losse in 2000 rely uponed continued losses in he near denomination due to weak industry fundamentals and weak cash proceed among other things.
The company reported a snare loss of $211.6 million onward ...