Moody’s threatens to downgrade Boeing debt rating
Ratings agency Moody’s on Monday placed Boeing’s debt rating on review for downgrade, on the same day that new chief executive David Calhoun took charge of the crisis-hit company after two deadly jetliner crashes.
“Recent developments suggest a more costly and protracted recovery for Boeing to restore confidence with its various market constituents, and an ensuing period of heightened operational and financial risk,” said Moody’s Jonathan Root.
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