ALK Jan 2025 40.000 put
| Previous close | 2.7500 |
| Open | 2.9000 |
| Bid | 2.5000 |
| Ask | 2.7000 |
| Strike | 40.00 |
| Expiry date | 2025-01-17 |
| Day's range | 2.8800 - 3.0000 |
| Contract range | N/A |
| Volume | |
| Open interest | 392 |
- Reuters
UPDATE 3-S&P slashes Boeing credit outlook as rating hovers above junk status
Boeing's credit rating faced pressure for a second time this week as S&P brought the company one step closer to a junk rating on Thursday after a January mid-air blowout of a cabin panel led the planemaker to slow production of its best-selling jet. The rating agency changed its outlook on the company's bottom of investment grade rating to "negative" from "stable" to reflect an increased potential for Boeing to face further delays in the expected recovery of its cash flow and credit ratios. S&P, which affirmed Boeing's "BBB-" long- and "A-3" short-term issuer credit ratings, expects the company will not generate enough free cash flow in 2024 to cover looming debt maturities and has flagged concerns over leadership uncertainty after CEO Dave Calhoun said he would leave by year's end.
CNN BusinessBoeing to pay $443 million to airlines for Max 9 grounding as losses and problems mount
Boeing reported a slight smaller loss in the first quarter compared to the same time a year ago and warned investors and employees it will have to cut back production further to deal with quality and safety issues on its production line.
The TelegraphBoeing slumps to £276m loss as midair blowout crisis deepens
Losses at Boeing’s commercial aircraft division almost doubled in the first three months of the year as a safety crisis led to a slowdown in deliveries.
