https://qz.com/boeing-credit-ratings-outlook-negative-moodys-sp-1851435363
S&P sees greater uncertainty regarding Boeing's ability to achieve
its estimates, the ratings agency said. (I.E. They Call BS)
S&P Global Ratings revised its outlook on Boeing to “negative”
from “stable” on Thursday —
just one day after Moody’s Ratings downgraded its rating outlook
to negative for the struggling inept aerospace giant.
S&P noted “heightened production uncertainty,
notably related to quality issues affecting its 737 Max deatҺtraps,
and key changes to its leadership and there pending replacement clown
Boeing CEO David L. Calhoun, announced last month that he will be
stepping down by the end of 2024 after trashing the company
The ratings agency
Warned that Boeing “risks losing its competitive position if it fails to improve
its manufacturing quality.”
Funny Thing, no one believes we are in a competitive position.
It’s more like CFIT
Moody’s also lowered the score on Boeing’s unsecured debt to Baa3
from Baa2 — bringing it just one step above “junk” status.
The ratings downgrade reflects “inadequate performance”
Junk status due to Junk Performance…
++++++++++++++++++++++++++
Boeing appears unlikely to meet a 90-day deadline to submit
a comprehensive plan to address safety concerns,
@OP+1s7eeTmU
Boeing At Risk of Downgrade Due To Cash Flow Concerns
@OP+1rJSgtqd
The foundation is rotten and the roof is collapsing.
Get-Out While You Can.