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Boeing Raises 737 Max Production to 47 Jets Per Month

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Boeing (BA) CEO Kelly Ortberg said Wednesday at a conference that the company recently completed its capstone review with the Federal Aviation Administration to increase production of the 737 Max to 47 jets per month, according to a transcript.

"We are now in the process of running the line at the 47-a-month rate," Ortberg said. "It'll probably take us ... a few months of stabilization there. But I'll say when we went from 38 to 42, that stabilization didn't take too long. My guess is we continue to go up in rate. It may take a little bit longer, but we're off and rolling now for the 47 a month rate, and we should be there in the next couple of months."

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