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18-May-2018 4:49 AM

DVB Bank: Only 0.2% of airlines rated investment grade globally

DVB Bank SE SVP aviation financial consultancy Albert Muntane Casanova, speaking at the CAPA Airline Leader Summit, noted (17-May-2018) only 0.2% of airlines are rated investment grade. Mr Casanova said most airlines are not paying dividends, and the ones that are often yield lower returns when compared to other sectors. Mr Casanova stated while pension funds and other financing vehicles often invest in aircraft, they are less inclined to invest in airlines.

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