Delta Air Lines Inc.'s Northwest 2001-1 Class A1 Ratings Lowered To 'BBB' From 'A+'; Class B Ratings To 'BB+' From 'BBB' Dec 14
- Language: English
- Published: December 2014
NEW YORK (Standard & Poor's) Sept. 6, 2001- Standard & Poor's today assigned preliminary ratings to Delta Air Lines Inc.'s various classes of pass-through certificates series 2001-1 (see list below). Final ratings will be assigned upon completion of the review of legal documentation. The certificates are secured by equipment notes issued by Delta. The notes, in turn, are secured by 16 Boeing 737-832, 13 Boeing 757-232, and seven Boeing 767-332ER passenger jet aircraft delivered between March 1995 and June 2001. The preliminary ratings are based on: -- The corporate credit rating on Delta Air Lines Inc. (BBB-/Negative/--); -- The availability of special protections under Section 1110 of the U.S. Bankruptcy Code to owners of equipment notes (and thus, indirectly, to...
Companies mentioned in this report are: Delta Air Lines Inc.
Action: New Rating
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Delta Air Lines Inc.