Moody’s downgrades debt rating for largest Boeing supplier
WICHITA, Kan. — Moody’s Investors Service announced that it is downgrading the debt rating for Spirit AeroSystems, Inc. to junk-bond status after the major supplier of fuselages for Boeing’s troubled 737 Max announced massive layoffs last week. Monday’s downgrade comes after Spirit announced Friday that it was laying off 2,800 workers in Wichita and that