20. 12. 2023Prague Airport remains highly stable financially. Moody’s Investors Service, a renowned rating agency, has upgraded Prague Airport’s credit rating from Aa3 with a negative outlook to Aa3 with a stable outlook. This action was mainly motivated by Moody’s recent improvement of the rating of the Czech Republic in the same way. Prague Airport thus receives the highest rating the airport could have currently achieved. The reason for re-awarding Prague Airport this high rating, which it maintained in the past despite the impact of the pandemic and the energy crisis, is primarily the company’s strong financial profile. “Prague Airport has managed its operations in a very responsible manner for a long time. After a demanding period, when air transport was significantly affected by the pandemic, the company has finally reverted to profitable economics. I am very happy that the strong financial stability of our company has also been confirmed by such renowned agency as Moody’s,” Jiří Pos, Chairman of the Prague Airport Board of Directors, said.According to Moody’s, Prague Airport can benefit especially from its very strong financial position, from the low level of indebtedness and, among other things, from the high volume of secured credit lines with banks. Competitive and stable airport charges, and the company’s strategic role as the owner and operator of critical infrastructure in the Czech Republic were additional factors with a positive impact on the evaluation.Inquiries by journalists shall primarily be forwarded to the joint e-mail address of komunikace@prg.aero.Follow us on Prague Airport’s Twitter feed @PragueAirport.Contact for media Tisková mluvčí Letiště Praha Klára Divíšková K Letišti 1019/6 601131812 klara.diviskova@prg.aero https://www.prg.aero
