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

Fitch Ratings cut its rating outlook on Boeing to "stable" from "positive," today as it believes the U.S. planemaker may take roughly 12 months longer to achieve its goals, such as 2025 free cash flow.

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