Wires

BRIEF-Moody's Says Australian And New Zealand Airlines Less Vulnerable Than Many Global Peers To Coronavirus Outbreak

Many Global Peers To Coronavirus Outbreak@

Feb 5 (Reuters) - Moody's:

* MOODY'S SAYS AUSTRALIAN AND NEW ZEALAND AIRLINES LESS VULNERABLE THAN MANY GLOBAL PEERS TO CORONAVIRUS OUTBREAK

* MOODY'S SAYS REDUCTION IN INTERNATIONAL VISITORS WILL SOMEWHAT WEIGH ON DOMESTIC PROFITABILITY FOR AUSTRALIAN & NEW ZEALAND AIRLINES

* MOODY'S SAYS AUSTRALIA, NEW ZEALAND AIRLINES EARN MAJORITY EBIT FROM DOMESTIC BUSINESSES WHICH WILL HELP MITIGATE WEAKER

INTERNATIONAL TRAVEL EFFECT * MOODY'S SAYS EXPECTS AUSTRALIAN AND NEW ZEALAND AIRLINES

WILL ALSO TAKE SOME COUNTERMEASURES TO DEFEND PROFITABILITY Source text for Eikon: Further company coverage:

Related Tags