Moody's and Fitch Upgrade Avianca's Credit Ratings on the back of Solid Performance and a Stronger Balance Sheet

Moody's upgraded Avianca's Corporate Family Rating (CFR) from B2 (B) to B1 (B+) with a Stable Outlook, and Fitch raised the company's Long-Term Issuer Default Rating (IDR) from B to B+ and maintained a Stable Outlook. Both Credit Agencies highlighted the sustainability of Avianca's...