NEW YORK (Standard&Poor's) Oct. 10, 2007--Boeing Co. (A+/Stable/A-1) today announced a six-month delay in initial deliveries of its 787 jetliner to November or December 2008 from May 2008. Standard&Poor's Ratings Services said the delay does not affect its ratings or outlook on Boeing. We do not expect the delay to significantly affect Boeing's forecast earnings in 2007 and 2008, which are benefiting from solid performance in all business segments. The company acknowledged that there could be some, most likely modest, cash flow impact, which is being quantified, from any penalties to customers and payments to suppliers. Boeing previously expected operating cash flow in 2007 and 2008 to be greater than $6 billion and $7 billion, respectively,
