{"id":311295,"date":"2020-01-20T12:29:27","date_gmt":"2020-01-20T06:59:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=311295"},"modified":"2020-01-20T12:53:05","modified_gmt":"2020-01-20T07:23:05","slug":"fitch-cuts-boeings-credit-rating-on-doubts-over-return-of-737-max","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fitch-cuts-boeings-credit-rating-on-doubts-over-return-of-737-max\/","title":{"rendered":"Fitch cuts Boeing&#8217;s credit rating on doubts over return of 737 MAX"},"content":{"rendered":"<p>Fitch Ratings on Friday downgraded Boeing Co&#8217;s long-term credit ratings to &#8216;A-&#8216; from &#8216;A&#8217;, citing regulatory risk regarding the timing of the 737 MAX&#8217;s return to service. <\/p>\n<p>The global ratings agency said the MAX situation has reduced much of the planemaker&#8217;s financial cushion, leaving it more exposed to unforeseen events. The &#8216;A&#8217; category represents high credit quality with expectations of low default risk. <\/p>\n<p>Fitch expects Boeing&#8217;s debt to rise in the first and second quarters of 2020 and potentially peak at more than $32 billion to $34 billion. It expects the debt to nearly double to around $27 billion in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings on Friday downgraded Boeing Co&#8217;s long-term credit ratings to &#8216;A-&#8216; from &#8216;A&#8217;, citing regulatory risk regarding the timing of the 737 MAX&#8217;s return to service. The global ratings agency said the MAX situation has reduced much of the planemaker&#8217;s financial cushion, leaving it more exposed to unforeseen events. The &#8216;A&#8217; category represents high credit quality with expectations of low default risk. Fitch expects Boeing&#8217;s debt to rise in the first and second quarters of 2020 and potentially peak at more than $32 billion to $34 billion. It expects the debt to nearly double to around $27 billion in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-311295","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=311295"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311295\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=311295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=311295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=311295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}