Fitch Ratings Sees Industry Gaining Stability After Pandemic

Fitch Ratings has upgraded its outlook for the aerospace and defense industry, citing record aircraft backlogs, rising defense spending, and supply chains showing signs of recovery. Airlines are flying more passengers and long-haul travel has rebounded, giving manufacturers clearer visibility into production. However, challenges persist, including Boeing’s delivery targets and labor shortages. The agency expects the MRO sector to remain stable in 2026.