Boeing CFO says company expects higher 737, 787 deliveries next year

Boeing’s The company continues to express optimism about its business as it wraps up the year and looks to 2026.

Chief Financial Officer Jay Malave said at a UBS conference on Tuesday that the company expects deliveries of both 737 and 787 jets to increase next year.

“Now fast forward to 2026, we will increase our deliveries,” Malave said.

Following Malave’s comments, Boeing shares rose more than 7% in early trading Tuesday.

He added that he expects certification for the 737-10 aircraft, which is years behind schedule, to come in late 2026.

Strengthened deliveries will also be a “big driver” of cash flow, with positive free cash flow expected to be in the “low single digits” billions, Malave said. Boeing has not made an annual profit since 2018.

Malave also said the company expects cash margins to see a “pretty significant increase” by 2030 due to higher productivity.

Boeing is bullish following a period of increased scrutiny after a door seal exploded on a flight in January 2024. In July, CEO Kelly Ortberg said the company was starting to see changes in its business, including reducing its quarterly losses.

Boeing saw a strong delivery pace in October, putting it on track for its highest annual delivery total since 2018. The company said jetliner deliveries returned to cash positive territory in October for the first time in nearly two years.

These deliveries allowed some of the company’s 737 Max and 787 Dreamliner aircraft to be signed in before reaching customers, after restrictions were lifted by the Federal Aviation Administration.