Boeing Company (BA)

[fung_derf]

Funny that you call this a "bashing" article

10:04 ET - Fitch estimates Boeing's debt could pass $24B by the end of the year as 737 MAX inventory builds up and it funds the Embraer deal, leading the rating agency to issue a negative outlook. Equity investors remain focused on cash generation beyond 2020, but the immediate credit metrics look more challenging. Fitch flags an operating margin impact from the MAX "for years", and expects further debt issuance this year. Boeing has successfully raised two debt issues since the Ethiopian Airlines crash in March. ([e-mail]; @dougcameron)

(END) Dow Jones Newswires

July 22, 2019 10:04 ET (14:04 GMT)