Boeing rating outlook revised to negative by S&P Global

S&P Global Ratings lowered the rating outlook for Boeing to negative from stable and affirmed it “BBB-” long- and “A-3” short-term issuer credit ratings. The outlook was revised to negative primarily to reflect the increased potential for Boeing to face further delays in the expected recovery of its cash flow and credit ratios to levels consistent with its rating, mainly related to its commercial aircraft production and deliveries, S&P said in a statement.