Fitch revises Boeing’s Outlook to Stable

Fitch Ratings has affirmed Boeing’s (BA) Long-Term Issuer Default Rating (IDR) and senior unsecured debt at ‘BBB-‘ and Short-Term IDR at ‘F3’. Fitch has also affirmed the Long-Term IDR and senior unsecured ratings of Boeing Capital Corporation (BCC) at ‘BBB-‘. The Rating Outlook has been revised to Stable from Negative. The outlook revision reflects developments over the past year in coronavirus vaccines, airline traffic recovery and the 737 MAX, said Fitch, which have narrowed the uncertainty in the rating agency’s forecasts. Combined with Boeing’s liquidity position, they have also reduced the likelihood of a downgrade. Additionally, they also offset 787