Fitch On Boeing Says, Changes To Boeing Aircraft Delivery Forecasts Do Not Alter View That Co Could Reach 737max Production Rate In Low-30s By 2024 End & Mid-30s By Early 2025; Currently Expect Company To Produce Closer To Three 787s Per Month During 2024, Before Returning To Five Per Month In 2025
Portfolio Pulse from Benzinga Newsdesk
Fitch has updated its forecasts for Boeing's aircraft deliveries, maintaining that Boeing could achieve a 737 MAX production rate in the low-30s by the end of 2024 and mid-30s by early 2025. Additionally, Boeing is expected to produce closer to three 787s per month during 2024, before increasing to five per month in 2025.
May 31, 2024 | 6:10 pm
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POSITIVE IMPACT
Fitch's updated forecasts for Boeing's aircraft deliveries suggest that the company is on track to meet its production targets for the 737 MAX and 787 models. This could positively impact Boeing's stock as it indicates stability and growth in production capabilities.
Fitch's reaffirmation of Boeing's production targets for the 737 MAX and 787 models suggests that the company is on track to meet its goals, which is a positive indicator for investors. This stability and potential growth in production capabilities are likely to boost investor confidence and positively impact Boeing's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100