India, May 29 -- Boeing is preparing to increase production of its best-selling 737 MAX aircraft, with CEO Kelly Ortberg expressing confidence that output could rise from 38 to 42 jets per month by midyear.
Speaking at the Bernstein Strategic Decisions Conference, Ortberg added that Boeing hopes to work with regulators to further raise monthly production to 47 by the end of 2025. The announcement lifted Boeing shares by 5%, signaling renewed investor confidence.
Production of the 737 MAX has been capped at 38 jets monthly since a midair incident in early 2024 prompted the Federal Aviation Administration to tighten oversight.
Ortberg emphasized that any increases will be gradual typically in increments of five aircraft every six months pe...