Earnings

Boeing (BA) earnings Q1 2023

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A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

Justin Tallis | AFP | Getty Images

On the back of first-quarter earnings results that showed strong aircraft demand, Boeing said Wednesday it plans to increase output of 737 Max planes to 38 a month from 31 later this year, despite a manufacturing issue affecting some aircraft.

That production rate would be the highest in years for the bestselling aircraft and comes as Boeing seeks to get planes to airlines faster as those customers capitalize on a rebound in air travel. The company expects to deliver between 400 and…



Source cnbc.com

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