Boeing deliveries hit seven-year high as production may rise

Boeing recorded its highest airplane deliveries in seven years and is preparing to raise production of the 737 Max and 787 Dreamliners, the article reports.

Boeing reported its highest airplane deliveries in seven years and company leaders are preparing to increase production of the 737 Max and 787 Dreamliners. CEO Kelly Ortberg, who returned from retirement after the midair door plug accident, is leading the effort. In September the Federal Aviation Administration allowed Boeing to issue its own airworthiness certificates for some 737s and 787s. Boeing last reported a full-year profit in 2018, and its commercial aircraft unit accounted for about 46% of sales in the first nine months of last year. Key facts: - Deliveries are the highest for Boeing in seven years, as reported in the article. - Boeing plans to increase production of the 737 Max and the longer-range 787 Dreamliners. - The Federal Aviation Administration in September allowed Boeing to self-issue airworthiness certificates for some 737s and 787s. - Boeing's commercial aircraft business made about 46% of sales in the first nine months of last year, and the company last posted a full-year profit in 2018. - The article reports Boeing shares have risen about 36% over the past 12 months. - Southwest CEO Bob Jordan is quoted in the article saying Boeing is "better and more stable". Summary: Analysts cited in the article say higher deliveries and planned production increases may support Boeing's return to profitability after several years focused on quality and delivery issues. The company is scheduled to outline its 2026 production plans when it reports quarterly results on Jan. 27.