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19 December 20195.04 The rating agency Moody's worsens the judgment on Boeing from A3 to A2 for the prolonged grounding of the 737Max models involved in two deadly accidents in Indonesia and Ethiopia. The US aviation giant announced in recent days the stop to the production of 737Max from January. Moody's highlighted the uncertainty and high risks surrounding the company. The outlook remains stable due to strong liquidity and financial flexibility.Moody's lowers Boeing's rating
2019-12-19T04:25:11.023Z
5.04 The rating agency Moody's worsens the judgment on Boeing from A3 to A2 for the prolonged grounding of the 737Max models involved in two fatal accidents in Indonesia and Ethiopia. The US aviation giant announced in recent days the stop to the production of 737Max from January. Moody's highlighted the uncertainty and high risks surrounding the company. The outlook remains stable due to strong liquidity and financial flexibility.
Source: rainews