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Ratings agency Fitch says extended strike at Boeing poses downgrade risk By Reuters

September 13, 2024

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(Reuters) – Fitch said on Friday an extended strike at Boeing (NYSE:) could pose a risk for a credit ratings downgrade.

© Reuters. Boeing factory workers wait in line to vote on their first full contract in 16 years, at an International Association of Machinists and Aerospace Workers District 751 union hall, in Renton, Washington, U.S. September 12, 2024. REUTERS/David Ryder/File Photo

An extended strike could have meaningful operational and financial impact on the planemaker, increasing risk of a downgrade, the ratings agency said.

On Thursday, S&P Global Ratings said an extended strike could delay the planemaker’s recovery and hurt its overall rating.

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https://www.investing.com/news/stock-market-news/ratings-agency-fitch-says-extended-strike-at-boeing-poses-downgrade-risk-3615894

Reuters

Montather Rassoul https://thefifthskill.com/

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