NEW YORK (Standard&Poor's) April 10, 2009--Standard&Poor's Ratings Services today said it placed its ratings on Boeing Co. and its wholly owned finance subsidiary Boeing Capital Corp., including the 'A+' long-term corporate credit rating on both entities, on CreditWatch with negative implications. At the same time, we affirmed the 'A-1' short-term ratings on both entities, which are not on CreditWatch. "The CreditWatch placement follows Boeing's announcement that it will be reducing production or delaying production increases on certain widebody aircraft next year and will be taking a related charge in the first quarter of 2009," said Standard&Poor's credit analyst Christopher DeNicolo. The company announced that it will be reducing production rates on the 777 in
