03-Apr-2020 10:31 AM
Moody's outlook for Australian airports turns negative amid drastic measures by airlines
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Moody's Investors Service says in a new report that Australian airports' revenues will decline materially in 2020 due to coronavirus-related disruptions, namely the drastic government-led containment measures that have resulted in airlines severely cutting their capacities. Moody's analysis covers Sydney, Melbourne, Brisbane, Perth and Adelaide airports.
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This press release was sourced from Moody's Corporation on 02-Apr-2020.