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.

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