S&P Says Base-Case Scenario Of Short-Lived Military Confrontation In Middle East Remains Highly Uncertain

March 5 (Reuters) - S&P:

• S&P: OUR PORTFOLIO OF RATED AIRLINES HAS RELATIVELY LIMITED DIRECT EXPOSURE TO THE MIDDLE-EAST REGION

• S&P: OUR BASE-CASE SCENARIO OF RELATIVELY SHORT-LIVED MILITARY CONFRONTATION IN MIDDLE EAST REGION REMAINS HIGHLY UNCERTAIN

• S&P: EXPECT MIDDLE EAST CONFLICT WILL LIKELY HAVE MORE PRONOUNCED EFFECT ON INDIAN-HEADQUARTERED CARRIERS