RE:this downgrade by S&P is a big deal , AC is BB-, west jet b-Manika is smoking up in her basement, again ;). Trioll farm scripts are so BAAAD. Should learn more about credit ratings. Even if Moody’s has not yet re-assigned the ratings since March 18 announcements, AC’s CFR is 2 grades higher than WJ. All of them will see a downgrade, but AC is making out superbly, considering the depth of the crisis. Shareholders are pleased.