Boeing CEO Kelly Ortberg announced that aeroplane deliveries to China will resume next month, ending a pause linked to past U.S.-China trade tensions. Speaking at a Bernstein conference, Ortberg also said the company plans to increase production of its best-selling 737 MAX jets, pending FAA approval, aiming for 42 jets per month by midyear, and potentially 47 by year-end.
Ortberg downplayed the long-term impact of tariffs, noting Boeing can recoup many duties upon exporting aircraft. The company is also targeting certification of its MAX 7 and MAX 10 variants by year-end.
Boeing, a major U.S. exporter, has faced production and reputational setbacks, including delivery delays and safety concerns after fatal Max crashes. However, airline executives like United’s Scott Kirby say Boeing is now “turning the corner” under Ortberg’s leadership.