European container ports are unlikely to be able to maintain the strong growth rates of the past three decades, Fitch Ratings says. Combined with the trend for ever-larger ships making fewer unloading stops, this makes risks highest for small- and medium-sized ports. These could be drawn into a price war in times of falling volumes, or could miss out on cargo even if they invest to accommodate larger ships. These risks are already factored in to our ratings in the sector. Since 1985 European … [Read more...] about EU port volumes set to slip
Fitch Ratings
Fitch: Outlook stable for Latin American airlines
The outlook for the Latin American Airlines sector is stable for 2015, according to Fitch Ratings. Fitch Ratings expects credit profiles for main carriers to remain stable in 2015 based on their capacity to preserve stable margins and maintain balance in capex levels and cash flow generation. Rational capacity management is projected to prevail in the sector during 2015, according to Fitch. Most players are expected to touch single-digit capacity growth rates in 2015. Fitch's view of … [Read more...] about Fitch: Outlook stable for Latin American airlines