Shares of Boeing (BA) jumped Thursday after CEO Kelly Ortberg said that aircraft deliveries to China will start again next month.
Boeing Co (NYSE:BA, ETR:BCO) shares moved higher after the airplane manufacturer's CEO Kelly Ortberg announced plans to up production of 737 MAX aircraft. Speaking at a Bernstein conference on Thursday, Ortberg outlined a strategy to increase production from the mid-30s per month to 42 by midyear and ultimately to 47 per month by the end of 2025.
The Boeing Company (NYSE:BA ) Bernstein 41st Annual Strategic Decisions Conference May 29, 2025 10:00 AM ET Company Participants Kelly Ortberg - CEO Conference Call Participants Doug Harned - Bernstein Doug Harned Okay. Good morning.
The U.S. Federal Aviation Administration on Thursday said it would extend by three years a program that allows Boeing to perform some tasks on the agency's behalf.
Boeing's airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said.
Boeing is gaining momentum with higher production rates and strong net order value, outpacing Airbus in widebody orders and overall order value. Airbus leads in single-aisle deliveries but faces significant supply chain constraints, limiting its ability to ramp up production further. Both manufacturers are benefiting from robust demand, reflected in large backlogs, but Boeing's recovery and inventory deliveries give it a near-term edge.
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Sens. Elizabeth Warren and Richard Blumenthal urged the DOJ to criminally prosecute Boeing in a fraud case over two deadly 737 MAX crashes.
Investors looking for better stability may buy EADSY. Yet, investors with a higher risk appetite, betting on a rebound, might keep Boeing in their portfolio.
Boeing was scheduled to face trial next month over two deadly plane crashes in 2018.
The Justice Department is dropping its criminal case against Boeing. It's a major win for the embattled planemaker.
Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes