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Boeing Aims to Boost 737 MAX Production Amid 29th Ranked Trading Volume
Generated by AI AgentAinvest Market Brief
Thursday, Apr 24, 2025 7:45 pm ET1min read
On April 24, 2025, The's trading volume was 19.13 billion, a decrease of 31.95% from the previous day, ranking 29th in the day's stock market trading volume.
Boeing's CEO, Kelly Ortberg, announced plans to seek approval from the Federal Aviation Administration (FAA) to increase the production of its 737 MAX jets. This move comes as
aims to stabilize its production and improve its financial performance.Boeing is targeting to raise the production of its 737 MAX jets to 38 planes per month by the end of the year. This increase is part of Boeing's broader strategy to boost production and narrow its losses, despite facing challenges such as tariff impacts and financial pressures.
Boeing's efforts to increase production are also supported by its recent financial performance. The company reported an 18% revenue growth and strategic wins in its first quarter earnings call, indicating a positive turnaround in its operations.
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