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Boeing to seek FAA approval to increase 737 Max production as losses narrow

  • Boeing reported Q1 2025 earnings that exceeded analyst expectations, reaching $19.5 billion in revenue, mainly due to increased aircraft deliveries.
  • The company plans to increase 737 Max production to 38 planes per month and seeks FAA approval for more.
  • Despite a 9% revenue decline in the defense segment, Boeing achieved a $155 million operating profit.
  • CEO Kelly Ortberg stated that 2025 is viewed as a turnaround year, focusing on higher quality plane production and reliability.
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Verve times broke the news in on Wednesday, April 23, 2025.
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