Boeing CEO confident US will clear higher MAX output in 2025

Core Viewpoint - Boeing is optimistic about receiving US approval for increased production of the 737 MAX in 2025, following recent approvals for the 787 Dreamliner, which could significantly enhance the company's output and profitability [3][4][5]. Production Plans - Boeing CEO Kelly Ortberg indicated that the company could receive approval to increase 737 MAX production to 42 planes per month by mid-2025 and potentially to 47 planes per month by the end of 2025, contingent on meeting key performance indicators [6][7]. - The current production cap for the 737 MAX is set at 38 planes per month, with the FAA closely monitoring Boeing's production processes after a recent incident involving an Alaska Airlines plane [4][5]. Recent Developments - The FAA recently approved an increase in the production of the 787 Dreamliner from five to seven planes per month, which sets a precedent for the review process for the 737 MAX [4]. - Ortberg emphasized the importance of aligning with the FAA and ensuring that Boeing is ready before increasing production rates [7]. Market Impact - Following the announcement of potential production increases, Boeing's shares rose by 4.4% in morning trading [8]. - The company is also seeing a positive shift in relations with China, as the country has lifted a ban on airlines accepting Boeing planes, with first deliveries expected next month [8].