Bulletin: Boeing Co. Announces A Two-Week Shutdown Of Its Seattle-Area Operations, Ratings Remain On CreditWatch Negative - S&P Global Ratings’ Credit Research

Bulletin: Boeing Co. Announces A Two-Week Shutdown Of Its Seattle-Area Operations, Ratings Remain On CreditWatch Negative

Bulletin: Boeing Co. Announces A Two-Week Shutdown Of Its Seattle-Area Operations, Ratings Remain On CreditWatch Negative - S&P Global Ratings’ Credit Research
Bulletin: Boeing Co. Announces A Two-Week Shutdown Of Its Seattle-Area Operations, Ratings Remain On CreditWatch Negative
Published Mar 23, 2020
3 pages (1482 words) — Published Mar 23, 2020
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Abstract:

WASHINGTON D.C. (S&P Global Ratings) March 23, 2020--S&P Global Ratings today said that Boeing Co. (BBB/Watch Neg/A-2) announced it plans to shut its operations in the Seattle area for two weeks due to the accelerating spread of the coronavirus in the region and the recent positive test results of some of its employees. Specifically, the company plans to temporary halt production of its 747, 767, 777, and 787 widebody aircraft in the area. However, Boeing also produces the 787 at its plant in South Carolina, where it expect to continue manufacturing and delivering the plane. The company already halted production of its 737 MAX following the grounding of that model, though this announcement could further delay the recertification of the

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Aerospace & Defense (20101010)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Boeing Co. Announces A Two-Week Shutdown Of Its Seattle-Area Operations, Ratings Remain On CreditWatch Negative" Mar 23, 2020. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Boeing-Co-Announces-A-Two-Week-Shutdown-Of-Its-Seattle-Area-Operations-Ratings-Remain-On-CreditWatch-Negative-2400676>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Boeing Co. Announces A Two-Week Shutdown Of Its Seattle-Area Operations, Ratings Remain On CreditWatch Negative Mar 23, 2020. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Boeing-Co-Announces-A-Two-Week-Shutdown-Of-Its-Seattle-Area-Operations-Ratings-Remain-On-CreditWatch-Negative-2400676>
  
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