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Risks rise for global aerospace industry

Posted On: Aug. 23, 2019 5:55 AM CST

Grounded Smartwings 737 MAX fleet


U.S.-based ratings agency Moody's Corp. said that risks are increasing for the global aerospace industry amid political tensions and delays to Boeing Co.'s grounded 737 Max jet returning to service, City A.M. reported. A continuation of current restrictions on arms exports to Saudi Arabia, possible supply-chain disruption from a no-deal Brexit and trade tensions between the United States and the European Union over state aid to Boeing and Airbus could hurt the industry.

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