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Ratings agency Fitch says prolonged strike at Boeing poses risk of downgrade by Reuters

(Reuters) – Fitch said on Friday that a prolonged strike at Boeing (NYSE: ) could pose a risk for a downgrade in credit ratings.

© Reuters. Boeing factory workers wait in line to vote on their first full contract in 16 years at the union hall of the International Association of Machinists and Aerospace Workers District 751 in Renton, Washington, U.S. September 12, 2024. REUTERS/David Ryder/File Photo

A prolonged strike could have a significant operational and financial impact on the plane maker, increasing the risk of a downgrade, the rating agency said.

On Thursday, S&P Global Ratings said an extended strike could delay the planemaker’s recovery and hurt its overall rating.

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