✈Bombardier fires back after Moody’s downgrade.
The credit rating company lowered its rating for Bombardier to B3 from B2, while also downgrading its outlook for the company from “stable” to “negative”, Moody’s says in a 24 October research paper.
Bombardier fired back with a statement on 25 October.
“Bombardier strongly disagrees with Moody’s rating action. It does not accurately reflect the value of our partnership with Airbus and is completely disconnected with the market reaction, which has been overwhelmingly positive,” Bombardier says.
https://www.flightglobal.com/news/articles/bombardier-fires-back-after-moodys-downgrade-442523/
Bombardier strongly disagrees with Moody’s rating action – Bombardier