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Boeing is eyeing approvals for significantly higher production of the 737 MAX in 2025 after US authorities allowed increased output on the 787 plane, the company's CEO said Thursday.
Shares of Boeing (BA) jumped Thursday after CEO Kelly Ortberg said that aircraft deliveries to China will start again next month.
Boeing Co (NYSE:BA, ETR:BCO) shares moved higher after the airplane manufacturer's CEO Kelly Ortberg announced plans to up production of 737 MAX aircraft. Speaking at a Bernstein conference on Thursday, Ortberg outlined a strategy to increase production from the mid-30s per month to 42 by midyear and ultimately to 47 per month by the end of 2025.
The Boeing Company (NYSE:BA ) Bernstein 41st Annual Strategic Decisions Conference May 29, 2025 10:00 AM ET Company Participants Kelly Ortberg - CEO Conference Call Participants Doug Harned - Bernstein Doug Harned Okay. Good morning.
The U.S. Federal Aviation Administration on Thursday said it would extend by three years a program that allows Boeing to perform some tasks on the agency's behalf.
CNBC's Phil LeBeau joins 'Squawk on the Street' with the latest details on Boeing, 737 Max production expectations, and more.
Boeing's airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said.
Boeing CEO Kelly Ortberg said on Thursday that he wants to crank 737 MAX production up from mid-30s a month now to 47 by the end of the year.
Boeing expects to finish certification of its best-selling 737 MAX family by the end of the year, CEO Kelly Ortberg said in an interview with trade publication Aviation Week published on Wednesday.
Boeing (BA 0.23%) stock is up around 14% so far this year, and analysts have been raising their price targets after the company reported a narrower-than-expected first-quarter loss in late April.