Fitch articles
-
Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
Boeing has been under heavy regulatory scrutiny and lowered production of its 787 widebody jets, along with 737 Max.
-
Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's production and cashflow. The ratings agency, which reaffirmed its "BBB-" long-term issuer default rating, said it could stabilize the outlook if Boeing liquidates over 100 of its pre-2023 built 737 MAX and half of its 787 inventories by early 2025, along with increasing production of its MAX jets towards 38 per month. Fitch's downgrade follows...
-
Ray sisters form Fitch Softball’s dynamic duo
Not many siblings get a chance to play together, let alone dominate atop a state ranked lineup.