Fitch cuts Boeing’s rating outlook to ‘stable’, sees lower MAX deliveries

(Reuters) – Fitch Ratings on Friday cut its rating outlook on Boeing to “stable” from “positive,” as it believes the U.S. planemaker may take roughly 12 months longer in achieving its goals such as 2025 free cash flow.

Fitch also forecast 420-450 737 MAX deliveries in 2024, down about 100 units from its prior forecast.

(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Shailesh Kuber)