Boeing Co. plans to suspend production of the 737 MAX in January 2020, and there is still significant uncertainty as to when it will resume deliveries. We are lowering our long-term issuer credit rating on the aircraft manufacturer to 'A-' from 'A' and lowering the short-term rating to 'A-2' from 'A-1'. The outlook is developing. At the same time, we revised our management and governance assessment on the company to fair from satisfactory. The developing outlook reflects that the rating could be raised or lowered depending on if Boeing resumes production and deliveries of the MAX without significant damage to its competitive position. The downgrade reflects the uncertainty over when the 737 MAX will return to service, the risk to
