WASHINGTON D.C. (S&P Global Ratings) April 8, 2019--S&P Global Ratings today said its rating and outlook on Boeing Co. are not affected by the company's plans to temporarily cut production of its grounded 737 MAX to 42 a month from 52 a month. The lower production rate will slow the increase in aircraft built but not delivered, reducing its cash drain, although this may be offset by any help it gives to suppliers. Further production rate cuts are possible, but we do not expect Boeing to stop building the aircraft as it would be costly and time-consuming to restart the supply chain. We still believe Boeing has sufficient liquidity and cushion in the rating to weather the MAX grounding, which
