BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating - S&P Global Ratings’ Credit Research

BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating

BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating - S&P Global Ratings’ Credit Research
BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating
Published Sep 11, 2003
415 words — Published Sep 11, 2003
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Abstract:

NEW YORK (Standard&Poor's) Sept. 11, 2003--A judge in U.S. District Court in Manhattan ruled that victims and surviving family members of the Sept. 11, 2001, hijackings can sue various parties, including the airlines and Boeing Co. (A/Stable/A-1). Standard&Poor's Ratings Services said that its ratings (which were lowered on May 15, 2003) and outlook on Boeing are not affected by this development. Boeing was sued over the design of its cockpit doors. The firm plans to appeal the decision and has substantial coverage for such claims under its aviation insurance, in the event it loses after a likely long appeal process. Therefore, the potential impact on Boeing's financial profile does not appear to be material at this

  
Brief Excerpt:

RESEARCH BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating Publication date: 11-Sep-2003 NEW YORK (Standard & Poor's) Sept. 11, 2003--A judge in U.S. District Court in Manhattan ruled that victims and surviving family...

  
Report Type:

Bulletin

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Issuer
GICS
Aerospace & Defense (20101010)
Sector
Aerospace & Defense , Asset-Backed Securities , Corporations , Global Issuers , Structured Finance
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Region
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating" Sep 11, 2003. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Ruling-on-9-11-Lawsuits-Does-Not-Affect-Boeing-Co-Rating-333186>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Ruling on 9/11 Lawsuits Does Not Affect Boeing Co. Rating Sep 11, 2003. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Ruling-on-9-11-Lawsuits-Does-Not-Affect-Boeing-Co-Rating-333186>
  
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