• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Industry Report Card: Third-Quarter Results Confirm An Improving Trend For European Transportation Companies In 2010 Dec 10 Product Image

Industry Report Card: Third-Quarter Results Confirm An Improving Trend For European Transportation Companies In 2010 Dec 10

  • ID: 1806995
  • December 2010
  • Region: Europe
  • Standard & Poors

FEATURED COMPANIES

  • British Airways PLC
  • CEVA Group PLC
  • Deutsche Lufthansa AG
  • Deutsche Post AG
  • FirstGroup PLC
  • Logwin AG
  • MORE

Abstract
Improving economic conditions in most countries, fiscal stimulus packages, restocking exercises, and improving corporate profits confirm a continued improving trend for rated passenger and freight transportation firms in Europe in 2010. The growth in demand year on year has been strong in many segments, and this, coupled with the ongoing need for cost control, has led to rising profitability for the region's transportation companies during the year. Looking ahead to 2011, Standard and Poor's Ratings Services anticipates the current high demand growth to slow due to the still-soft European and global economic outlook and as prior-year comparisons become stronger, restocking exercises complete, and the benefits from fiscal stimulus packages fall away. Our most recent economic forecast assumes eurozone real GDP...

Companies mentioned in this report are:
- Deutsche Lufthansa AG
- British Airways PLC
- PostNL N.V.
- Stagecoach Group PLC
- Nobina AB
- FirstGroup PLC
- Deutsche Post AG
- Ship Finance International Ltd.
- Logwin AG
- CEVA Group PLC
- Navios Maritime Holdings Inc.
- SAS AB
- Avincis Mission Critical Services Holdings, READ MORE >

- Deutsche Lufthansa AG
- British Airways PLC
- PostNL N.V.
- Stagecoach Group PLC
- Nobina AB
- FirstGroup PLC
- Deutsche Post AG
- Ship Finance International Ltd.
- Logwin AG
- CEVA Group PLC
- Navios Maritime Holdings Inc.
- SAS AB
- Avincis Mission Critical Services Holdings, S.L.U.
- Navios Maritime Acquisition Corp.

Note: Product cover images may vary from those shown

RELATED PRODUCTS