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Fortune

Alaska Air gets credit rating knocked down to junk status

Fortune
Summary
Nutrition label

87% Informative

Moody's Ratings cut Alaska Air Group's credit grade to junk status.

The airline said it plans to issue secured debt to refinance borrowings from its acquisition of Hawaiian Holdings .

Alaska Air agreed to buy rival Hawaiian Holdings for $1.9 billion last year .

Moody's gave Alaska Air’s planned secured debt obligations a rating of Baa2.

VR Score

93

Informative language

95

Neutral language

93

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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