Boeing anticipates increased deliveries of 737 and 787 aircraft in 2026, which the company believes will enhance cash flow, according to Boeing’s Executive VP of Finance & CFO Jay Malave.
During a presentation at the UBS Global Industrials & Transportation Conference on December 2, 2025, Malave stated that the 737-production ramp is on track.
“It takes a few months to take the production cadence and move that into output,” Malave said during the conference. “November 2025 here is going to probably be a little bit light on deliveries, but our production rollouts are pretty much exactly where we expected.”
Malave said that a minimum six-month gap between rate changes is applicable once the production system is stable.
“As the production system stabilizes at the current rate, the team starts thinking about how they’re going to break to the next rate and start positioning for that next rate break,” the CFO explained.
Boeing’s production increase follows recent regulatory approval. In October 2025, the Federal Aviation Administration (FAA) removed the limit restricting 737 MAX production to 38 aircraft monthly, enabling the company to gradually raise output to 42 jets per month.
Malave indicated that the company expects the current production rate to start resulting in higher output in the first quarter of 2026.
Boeing’s 2026 deliveries outlook
Looking forward to 2026, Malave mentioned that delivery volumes are likely to increase, although some of those aircraft will be sourced from existing inventory instead of new production.
Boeing predicts more deliveries next year for both the 737 and 787, with Malave pointing out that around 50 of this year’s 737 deliveries were taken from inventory.
“When you now fast forward to 2026, we’re going to be increasing our deliveries, but there won’t be hardly any aircraft, if any at all, that will be coming out of inventory,” he said.
However, Malave noted that 737-10 deliveries in 2026 may lag production due to expected certification later in the year, but overall deliveries of the 737 and 787 are still expected to rise despite a decrease in aircraft from inventory.
Malave concluded that the expected rise in deliveries will support Boeing’s overall financial recovery as the company works to stabilize its 737 MAX and 787 production programs after several bumpy years marked by delays and regulatory scrutiny.
