BOEING DOWNGRADED BY FITCH

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 31, 2011 11:26

BOEING DOWNGRADED BY FITCH

Fitch Ratings has downgraded Boeing from A+ to A due to the delay in its 787 and 747-8 aircraft programs. Boeing outlook is stable.

Boeing’s first 787 is expected to be delivered in the third quarter some three years late. The 747-8 is also three years late and is expected to debut by midyear.

Fitch said other risks with the 787 program and “some weak credit metrics” also support the downgrade.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 31, 2011 11:26
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2Fboeing-downgraded-by-fitch%2F"> registered </a> users can comment.