Outlook

2024 - 5 - 27

JetNet: Bullish Outlook With Big Business Jet Backlogs

aviation sector - business jet backlogs - DBS Taiwan - economic forecast - Fitch Ratings - GDP forecast - hospitality industry - JetNet - Oravel Stays - OYO - PTTEP - The Conference Board

Business jets are booming with backlogs reaching $51 billion and deliveries increasing by 13%, according to JetNet. Read more for exciting updates!

Fitch Ratings har opgraderet Oravel Stays Limited (OYO) fra 'B-' til 'B' med en stabil outlook. Samtidig har de bekræftet PTT Exploration and Production Public Company Limited's (PTTEP) langsigtede udenlandske valuta med 'BBB+' og en stabil outlook. JetNet rapporterer, at forretningsjet-backlogs stiger markant til over $51 milliarder, mens leverancerne øges med 13%. Fitch har ændret Softbank-støttede Oyo's langsigtede rating fra 'B-' til 'B'. Oyo havde omkring $100 millioner i kontanter ved udgangen af marts 2024 og en forpligtelse til ubenyttet facilitet på $25 millioner.

Interessant fakta: Oyo's opgradering til 'B' indikerer en stærkere tillid til virksomhedens langsigtede finansielle sundhed. Desuden viser PTTEP's bekræftelse af 'BBB+' deres stabile position på markedet og evne til at opretholde en sund økonomi trods udfordringer. Business jet-industrien oplever en imponerende vækst med stigende backlogs og leverancer, hvilket lover godt for virksomhedernes fremtidige succes.

Fitch Upgrades Oravel Stays to 'B'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Singapore/Mumbai-27 May 2024: Fitch Ratings has upgraded India-based Oravel Stays Limited's (OYO) Long-Term Foreign- and Local-Currency Is.

Fitch Affirms Thailand's PTTEP at 'BBB+'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Hong Kong-27 May 2024: Fitch Ratings has affirmed PTT Exploration and Production Public Company Limited's (PTTEP) Long-Term Foreign-Curren.

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Image courtesy of "Aviation International News"

JetNet: Big Backlogs Providing Bullish Outlook (Aviation International News)

Business jet backlogs are steadily topping $51 billion as deliveries are ramping up by 13%, JetNet reports.

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Image courtesy of "Business Standard"

Fitch changes Softbank-backed Oyo's long-term rating from 'B-' to 'B' (Business Standard)

Fitch upgrades Oyo rating: Oyo had around $100 million in cash at end-March 2024, a committed undrawn facility of $25 million, and Fitch expects the company ...

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Image courtesy of "conferenceboard.ca"

Slow Motion: Quebec's Five-Year Outlook - The Conference Board ... (conferenceboard.ca)

This quarterly economic forecast for the province of Quebec examines the economic outlook for the province, including gross domestic product (GDP), ...

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Image courtesy of "NDTV Profit"

OYO Parent Oravel Stays Sees Rating Upgrade By Fitch (NDTV Profit)

Fitch Ratings on Monday announced it has upgraded the rating of OYO parent firm Oravel Stays, citing the hospitality company's improved financial profile.

Fitch Affirms DBS Taiwan at 'AA-' and 'AAA(twn)'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Taipei-28 May 2024: Fitch Ratings has affirmed DBS Bank (Taiwan) Ltd.'s Long-Term Issuer Default Rating (IDR) at 'AA-' and its National Lo.

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Image courtesy of "Outlook Business"

Fitch Upgrades OYO Parent Oravel Stays Rating (Outlook Business)

According to a statement, Fitch upgraded Oravel Stay's long-term foreign and local currency issuer default ratings to 'B' from 'B-' with a 'Stable' outlook.

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