Boeing taken off ‘credit watch’ by S&P, citing $24B cash cushion

Boeing 787 Dreamliner during take-off

gk-6mt/iStock Editorial via Getty Images

S&P Global Ratings on Monday announced it has stopped actively considering a downgrade of Boeing (NYSE:BA) credit rating to junk status, pointing to the aerospace giant’s robust $24 billion cash reserve and other stabilizing factors that could help it weather potential

Leave a Reply

Your email address will not be published. Required fields are marked *