S&P Global Ratings may downgrade Boeing bonds due to cash issues amid a strike.
The strike risks Boeing's recovery and affects 737 Max production — and the company's cash flow.
Moody's also recently put Boeing on a downgrade review.
AdvertisementTo add to Boeing's list of troubles, S&P Global Ratings is considering downgrading its bonds because of the company's growing cash problems amid a mass workers' strike.
Last month, another credit agency, Moody's, also put the company on a downgrade review, citing the strike and its impact on cash flow.
Persons:
—, Moody's, Max
Organizations:
Boeing, Service
Locations:
Washington and Oregon, furloughing