S&P Revises Boeing Outlook to Stable;Ratings Afmd - S&P Global Ratings’ Credit Research

S&P Revises Boeing Outlook to Stable;Ratings Afmd

S&P Revises Boeing Outlook to Stable;Ratings Afmd - S&P Global Ratings’ Credit Research
S&P Revises Boeing Outlook to Stable;Ratings Afmd
Published Dec 14, 1995
Published Dec 14, 1995
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Abstract:

NY -- Standard&Poor's CreditWire 12/14/95 -- Standard&Poor's revises its outlook on Boeing Co. to stable from negative and affirms its double-`A' senior and `A-1'-plus short-term ratings. About $2.5 billion of rated debt is affected. The outlook revision reflects the beginning of a long-awaited recovery in aircraft orders, the company's relatively good performance during the deep and prolonged aviation downturn, and the end of a labor strike. The ratings are supported by the firm's leading position within the commercial aircraft manufacturing industry, favorable long-term business fundamentals, and a very strong financial condition, characterized by moderate debt usage and substantial cash balances. However, difficult industry conditions have had a significant adverse impact on orders. This has resulted in

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Aerospace & Defense (20101010)
Sector
Aerospace & Defense , Asset-Backed Securities , Corporations , Global Issuers , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "S&P Revises Boeing Outlook to Stable;Ratings Afmd" Dec 14, 1995. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-Boeing-Outlook-to-Stable-Ratings-Afmd-76139>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Revises Boeing Outlook to Stable;Ratings Afmd Dec 14, 1995. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-Boeing-Outlook-to-Stable-Ratings-Afmd-76139>
  
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