Boeing Sets Eyes On Ambitious 737 Output By Mid-2025, Thanks To Spike In Aircraft Purchases
Portfolio Pulse from Shivani Kumaresan
Boeing Company (NYSE:BA) is planning to increase the production of its 737 narrowbody aircraft to record levels by mid-2025, reflecting a surge in orders and the company's recovery from the 737 MAX crisis. The company's European counterpart, Airbus SE (OTC:EADSY), is also setting aggressive production targets. Boeing's plan, reaffirmed in mid-September, targets 737 production to reach 42 jets a month by December 2023, escalating to 57.7 aircraft each month by July 2025.
October 03, 2023 | 9:58 am
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NEUTRAL IMPACT
Airbus SE is also setting aggressive production targets, indicating strong competition in the aircraft manufacturing industry.
Airbus SE is mentioned as a competitor to Boeing, setting aggressive production targets. While this indicates strong competition, the direct impact on Airbus' stock is not clear from the news.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Boeing's plan to increase 737 production could boost investor confidence and potentially drive up the company's stock price.
The news of Boeing's ambitious production plan indicates a strong recovery from the 737 MAX crisis and a surge in orders. This could boost investor confidence in the company's future performance and potentially drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100