Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


KBRA Releases Comment on the Coronavirus and its Effect on the Commercial Aviation Industry


Kroll Bond Rating Agency (KBRA) releases a comment on the Wuhan coronavirus outbreak in China and beyond, and its potential impact on the airline industry.

The commercial airline industry is cyclical and continually faces many challenges including volatile oil prices, weak economic conditions, labor issues, and competition. However, the industry is also vulnerable to event risks such as terrorism, pandemics, political instability, and natural disastersall of which could curtail passenger travel in a very short time following a major event.

KBRA notes that while external shocks are often followed by a decline in passenger travel, such drops have been temporary and passenger growth has rebounded quickly. That said, the impact on revenues for affected airlines, while temporary, has in most cases led to consequences for these airlines credit profiles and access to capital marketseven if in the short term. Further, airlines globally are at risk of a change in consumer travel behavior as a result of the coronavirus.

To access the comment, click here.


Twitter LinkedIn YouTube

About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.


Thomas Moore, Senior Analyst

(646) 731-3375

Marjan Riggi, Senior Managing Director

(646) 731-2354

Business Development:

Nish Kumar, Senior Director

(646) 731-3372

Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now


Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.