Boeing CEO says company met requirements to increase 737 Max production to 47 jets per month
Earnings
Boeing CEO Kelly Ortberg confirmed the company has met FAA requirements to raise 737 Max production to 47 jets per month, a meaningful step in the post-strike, post-737 crisis recovery narrative. The production ramp unlocks better fixed-cost absorption and cash generation visibility, the two metrics the market has been waiting on before re-rating BA.
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↑ LONG+8% target-6% stop4-8 weeks
Long BA into the 47/month production ramp confirmation — improving unit economics and cash flow inflection justify a move toward the 31B/6H consensus target.