(Reuters) -Boeing ( BA ) aims to increase production of its best-selling 737 MAX jets to 42 aircraft per month in the next few months and to boost output to 47 a month in early 2026, Chief Executive Kelly Ortberg said on Thursday.
The U.S. planemaker's share prices jumped 5% after Ortberg said at the Bernstein Strategic Decisions conference that he hoped to have production at 47 a month by the end of 2025. A few minutes later, he corrected his comments, saying that he expects the company to be getting ready to increase production to 47/month by the end of the year, not reach that production rate.
Boeing ( BA ) is trying to stabilize production at 38/month, where it was capped by the U.S. Federal Aviation Administration in 2024 after a midair accident put the planemaker's safety and production quality program under new scrutiny.
Ortberg also said that Chinese airlines are set to resume taking deliveries of Boeing ( BA ) aircraft in June. China had stopped taking deliveries in April in retaliation to tariffs imposed by President Donald Trump.
(Editing by Chizu Nomiyama)