Current Rating
Rating FAQ
Long-term  :   twAA
Short-term  :   twA-1+
Outlook  :  Stable
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2023/05/31 twAA Stable twA-1+
2022/05/04 twAA Negative twA-1+
2021/04/23 twAA- Developing twA-1+
2020/05/29 twAA- Negative twA-1+
2019/05/29 twAA- Stable twA-1+
Research Analysis
Publish Date Subject
2024/05/27 Media Release: Aerospace Industrial Development Corp 'twAA/twA-1+' Ratings Affirmed; SACP Revised Upwards On Improving Debt Leverage; Outlook Stable
2023/05/31 Media Release: Aerospace Industrial Development Corp. Outlook Revised To Stable On Improving Cash Flow Generation; 'twAA/twA-1+' Ratings Affirmed
2022/05/16 Research Update: Aerospace Industrial Development Corp. Ratings Affirmed At 'twAA/twA-1+'; Outlook Remains Negative
2022/05/04 Media Release: Various Rating Actions On Taiwan Government-Related Entities Following S&P Global Ratings' Upgrade Of Taiwan
2021/05/18 Research Update: Aerospace Industrial Development Corp. Ratings Affirmed At 'twAA-/twA-1+'; Outlook Remains Developing
2021/04/23 Media Release: Various Rating Actions On Taiwan Government-Related Entities Following S&P Global Ratings' Upgrade Of Taiwan
2020/05/29 Media Release: Outlook On Aerospace Industrial Development Corp. Revised To Negative On COVID-19 Impact And Rising Debt; 'twAA-/twA-1+' Ratings Affirmed
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
None
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.