Group 1 - UBS reports that the number of Boeing 747 Dreamlifter flights has historically correlated with the production of the 787 aircraft, as these modified 747 freighters transport structural components for assembly in Charleston, USA [1] - In the four weeks ending May 14, the number of Dreamlifter flights increased by 55% year-over-year, indicating a production rate of approximately 5.9 787 aircraft per month, up from 5.7 the previous month [1] - The current flight frequency of about 6 Dreamlifter flights per month suggests Boeing is on track to meet UBS's forecast of 6 787 aircraft per month by the second half of 2025, potentially reaching a target of 7 aircraft per month by year-end [1] Group 2 - As of May, a total of 5 787 aircraft have been delivered since the beginning of the month, with Boeing delivering 8 aircraft in April, of which 5 were newly produced and 3 were from inventory [2] - Boeing's 787 inventory was reported at 54 aircraft in Q1 2024, with expectations to decrease to slightly above 40 by year-end [2] - UBS maintains a "Buy" rating on Boeing's stock with a 12-month price target of $226, representing nearly a 12% upside from the recent closing price [2]