Boeing Needs to Shore Up Finances Before Launching New Airplane Design, CEO Says
Kelly Ortberg says the company needs to get its finances and technology in place first.
Kelly Ortberg says the company needs to get its finances and technology in place first.
Boeing said on Sunday it remains on track to deliver two new Air Force One jets in 2028, but meeting that target will require additional spending on a program already years behind schedule and billions of dollars over budget.
The head of Boeing's commercial airplane unit said on Sunday the planemaker is studying a new round of production increases for its best-selling 737 MAX after getting approval from regulators in May to hike production to 47 planes per month.
Near-term disruptions will not impact long-term aviation growth The global commercial airplane fleet is projected to grow nearly 80% by 2045 Nearly 44,000 new deliveries are expected in the next 20 years – half of which will replace older airplanes with more fuel‑efficient models Emerging market travel, point-to-point network expansion and air cargo will contribute to fleet growth FARNBOROUGH, United Kingdom, July 18, 2026 /PRNewswire/ -- Boeing [NYSE: BA] projects near-term disruptions will not meaningfully affect long-term aviation industry growth with demand for air travel set to double over the next 20 years. The global commercial airplane fleet is expected to grow nearly 80% to more than 50,000 airplanes by 2045 as airlines and cargo operators add capacity.
Boeing projects $4.9 trillion aviation services market and demand for more than 2.4 million commercial aviation professionals through 2045 Industry faces production, supply chain and workforce constraints as digitalization and sustainability reshape aviation services FARNBOROUGH, United Kingdom, July 18, 2026 /PRNewswire/ -- Boeing [NYSE: BA] today released its comprehensive 20-year outlook for the commercial aviation services market, the Boeing Services Market Outlook, and the Boeing Pilot & Technician Outlook, focused on projected workforce requirements. Over the next two decades, Boeing forecasts a $4.9 trillion support and services market, alongside a demand for over 2.4 million new commercial aviation professionals.
Boeing maintained its forecast for strong global demand for new commercial aircraft over the next 20 years, according to the U.S. planemaker's market projection released in England on Saturday, ahead of the Farnborough Airshow.
The FAA said Boeing can resume ticketing its 737 Max and 787 Dreamliner aircraft. The company was stripped of this ability in the wake of two fatal Max crashes in 2018 and 2019.
The Federal Aviation Administration told Congress on Friday it will allow Boeing to issue airworthiness certificates for all 737 MAX and 787 airplanes starting next week, a significant milestone for the U.S. planemaker as it ramps up production.
The U.S. National Transportation Safety Board said Thursday it will lead the investigation into an incident in which a passenger was partly sucked out of a Ryanair Boeing 737's broken window over Greece last week.
Boeing (BA) closed the most recent trading day at $214.34, moving 1.73% from the previous trading session.
Boeing delivered 64 commercial airplanes in June and 171 for the second quarter. The company's 314 first-half deliveries are its most since 2018.
Company will host demonstrators, panels and STEM activities at EAA AirVenture Oshkosh OSHKOSH, Wis., July 16, 2026 /PRNewswire/ -- Boeing [NYSE: BA] will showcase its commercial, defense and services portfolios at EAA AirVenture Oshkosh in Wisconsin next week, with a special theme celebrating America's 250th anniversary.
While not a game changer, Boeing's ability to ramp up deliveries shows progress. The company saw positive free cash flow in the second half of 2025 The aerospace company said it plans to produce 42 to 47 jets a month.
GE Aerospace CEO Larry Culp pushed back on Thursday against concerns raised by Boeing that GEnx engine delivery delays could hold up the planemaker's 787 production ramp-up, citing a sharp increase in shipments of the engines.
Boeing is in the final stages of getting regulatory certification for an engine anti-ice system fix for its 737 MAX jetliner, company executives said, paving the way for the long-delayed MAX 7 and 10 versions to enter service.
Airbus and Boeing have in recent weeks chartered one of the world's largest cargo planes to speed up shipments of aerostructures for some civil and military aircraft, a sign of lingering strains in the aerospace supply chain.
BA rides on the global fleet renewal wave as strong demand, rising production and a $576 billion backlog support its long-term commercial aircraft outlook.
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Boeing (BA) could secure another major 787 order as Riyadh Air weighs buying roughly 25 to 30 additional Dreamliners ahead of next week's Farnborough Airshow, a