S&P Revises Boeing's Outlook To Stable From Negative On Increasing Production

Oct 31 (Reuters) - S&P:

• S&P: BOEING CO. OUTLOOK REVISED TO STABLE FROM NEGATIVE ON INCREASING PRODUCTION; 'BBB-' RATINGS AFFIRMED

• S&P ON BOEING: STABLE OUTLOOK REFLECTS OUR VIEW THAT CREDIT MEASURES WILL APPROACH OUR EXPECTATIONS FOR THE RATING NEXT YEAR

• S&P ON BOEING: BOEING FACES SEVERAL NEAR-TERM CHALLENGES BEYOND THE 777X DELAY THAT WE VIEW AS RELATIVELY MANAGEABLE

• S&P ON BOEING: SEES HIGHER PRODUCTION COSTS,CUSTOMER CONCESSIONS TO NOT BE RECOVERED, HOWEVER, WILL DRAG ON EARNINGS IN EARLY YEARS OF DELIVERY

• S&P ON BOEING- U.S. GOVERNMENT SHUTDOWN LIKELY MEANS THAT THE ACQUISITION OF SPIRIT AEROSYSTEMS MAY BE DELAYED INTO 2026

• S&P ON BOEING: DELAY IN FIRST 777X DELIVERY TO TEMPER PRIOR ESTIMATES, SEES 737, 787 DELIVERIES GROWTH TO LEAD TO STRONG CREDIT MEASURES IN NEXT 2 YRS