CNBC4/22/2026Business
Boeing Expects 737 Max Production to Rise to 47 Monthly This Summer
CEO Kelly Ortberg reports smaller-than-expected Q1 loss as company works to return to profitability
Quick Look
- Boeing reported a smaller-than-expected first quarter loss of 20 cents per share versus an expected 83 cents, with revenue of $22.22 billion beating analyst estimates.
- CEO Kelly Ortberg said the company expects to increase 737 Max production to 47 monthly from 42 this summer, pending FAA approval.
- The company narrowed its net loss to $7 million and confirmed plans to certify the delayed Max 7 and Max 10 later this year, with deliveries starting in 2027.
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Boeing reported a smaller-than-expected first quarter loss of 20 cents per share versus an expected 83 cents, with revenue of $22.22 billion beating analyst estimates. CEO Kelly Ortberg said the company expects to increase 737 Max production to 47 monthly from 42 this summer, pending FAA approval. The company narrowed its net loss to $7 million and confirmed plans to certify the delayed Max 7 and Max 10 later this year, with deliveries starting in 2027.
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This article was originally published by CNBC.
