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Issuer Ranking: European Transportation Companies, Strongest To Weakest Oct 08 Product Image

Issuer Ranking: European Transportation Companies, Strongest To Weakest Oct 08

  • Published: October 2008
  • Region: Europe
  • Standard & Poors

FEATURED COMPANIES

  • Britannia Bulk PLC
  • CEVA Group PLC
  • Deutsche Lufthansa AG
  • FirstGroup PLC
  • Nobina AB
  • SAS AB
  • MORE

Abstract
A weakening market environment is casting a darkening shadow over the transportation sector. Fears that a U.S. slowdown could spread to Europe are being firmly realized as GDP expectations in the U.K. and Eurozone are revised downward. Further concerns are fueled by an apparent slowing of very strong growth in Asian markets, particularly in post-Olympic China. Although the potential effect on the global economy of the failure or bailout of major financial institutions in the U.S. is unknown, Standard & Poor's Ratings Services believes economic growth worldwide will become increasingly constrained as financing conditions deteriorate. For airlines in particular, the operating environment has deteriorated steeply, pushing consolidation to the top of the agenda as carriers consider closer cooperation to improve...

Companies mentioned in this report are:
- Deutsche Lufthansa AG
- British Airways PLC
- Stena AB
- PostNL N.V.
- Stagecoach Group PLC
- Nobina AB
- FirstGroup PLC
- Deutsche Post AG
- CMA CGM S.A.
- Ship Finance International Ltd.
- Logwin AG
- Britannia Bulk PLC
- CEVA Group PLC
- Navios Maritime Holdings Inc.
- READ MORE >

- Deutsche Lufthansa AG
- British Airways PLC
- Stena AB
- PostNL N.V.
- Stagecoach Group PLC
- Nobina AB
- FirstGroup PLC
- Deutsche Post AG
- CMA CGM S.A.
- Ship Finance International Ltd.
- Logwin AG
- Britannia Bulk PLC
- CEVA Group PLC
- Navios Maritime Holdings Inc.
- SAS AB

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