Global ratings agency Fitch said on Tuesday that Boeing Co made early progress in resuming production post-strike, reducing legacy inventory, and managing supply chains.
Fitch added that it believes the initial post-strike operational progress paves the way for the planemaker to produce 38 units per month in the third quarter.
The revision of the global airport sector outlook to ‘deteriorating’ from ‘neutral’ reflects a more challenging operating environment due to the Iran conflict disruption, Fitch Ratings says.
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