Fitch Revises Boeing's Outlook to Stable; Affirms IDR at 'BBB-'

June 30 (Reuters) - Fitch:

• FITCH: BOEING OUTLOOK REVISION REFLECTS FITCH'S VIEW THAT POST-STRIKE PRODUCTION RAMP & ENHANCED FINANCIAL FLEXIBILITY HAVE REDUCED DOWNGRADE RISKS

• FITCH: REVISED RATING OUTLOOK ON BOEING'S LONG-TERM IDR TO STABLE FROM NEGATIVE AND HAS AFFIRMED IDR AT 'BBB-'

• FITCH: EXPECTS BOEING'S REDUCTION OF LEGACY 737MAX INVENTORY TO FACILITATE PROGRESSIVE RETURN TO MORE NORMALIZED PRODUCTION-TO-DELIVERY CADENCE

• FITCH: EXPECTS BOEING'S MANAGEMENT TO CONTINUE REVIEWING PORTFOLIO & DIVESTING NON-CORE BDS ASSETS OVER NEXT FEW YEARS

• FITCH ON BOEING: EXPECT 787 PRODUCTION TO AVERAGE 8/MONTH IN 2026