Boeing CEO says 'all systems are go' to boost 737 production as company cuts losses
Boeing's CEO said the company is ready to ramp up production of its 737 MAX jets beyond the current federal limit of 38 planes per month. The plane maker expects to get approval for new MAX 7 and 10 models later this year, with deliveries starting in 2027.
Boeing CEO Kelly Ortberg announced the company is confident it can increase production of its best-selling 737 MAX aircraft as the aerospace giant works to narrow its financial losses.
Federal regulators currently cap Boeing at building 38 planes per month after safety issues. But regulators approved raising that limit to 42 planes monthly in October. Boeing is now eyeing production of 47 planes per month by year-end.
The company expects to deliver between 440 and 450 of the 737 MAX jets in 2025, with about 50 coming from existing inventory. Boeing plans to increase deliveries further in 2026 as production ramps up.
Boeing also expects certification of two new versions - the MAX 7 and MAX 10 models - later this year. Airlines would start receiving these planes in 2027.
The production boost comes as Boeing works to rebuild trust after multiple safety crises grounded its fleet and led to federal oversight. Higher production could help the company recover financially while getting more planes to airlines facing aircraft shortages.
More 737 production could mean shorter wait times for airline passengers as carriers get new planes faster. It also signals Boeing is recovering from safety crises that grounded flights and cost the company billions.
Watch for federal approval of higher production limits and certification of the new MAX 7 and 10 models later this year.
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