Moody's On Boeing Says Have Always Believed That Boeing Could Accommodate The IAM's Pre-Strike Objective Of A 40% Increase In Compensation; Says Amount Of New Equity Capital Raised And The Timeframe For Commercial Airplanes To Achieve A 737 Monthly Production Rate Of 38 Per Month Remain Primary Considerations For Our Review Of The Ratings
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Moody's believes Boeing can meet the IAM's pre-strike demand for a 40% compensation increase. The focus remains on Boeing's ability to raise new equity capital and achieve a 737 production rate of 38 per month, which are key factors in Moody's ratings review.
October 24, 2024 | 3:22 pm
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Moody's believes Boeing can meet the IAM's demand for a 40% compensation increase. The review of Boeing's ratings will focus on its ability to raise new equity capital and achieve a 737 production rate of 38 per month.
Moody's statement indicates confidence in Boeing's ability to handle labor cost increases, which is positive. However, the focus on equity capital and production targets suggests potential challenges. The neutral score reflects the balance of these factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100