Boeing (BA) shares were up 8.5% in recent Tuesday trading after Chief Financial Officer Jay Malave said the planemaker expects increased deliveries of its 737 and 787 jets in 2026.
"When you now fast forward to 2026, we're going to be increasing our deliveries," Malave said in remarks at a UBS transportation conference Tuesday, according to a FactSet transcript.
He also projected certification of the 737-10 later in the year and reaffirmed confidence in Boeing's target of generating $10 billion in annual free cash flow.
"We absolutely expect to grow year-over-year in cash flow," he said, noting the company expects free cash flow growth in low single digits.
Price: 202.24, Change: +15.78, Percent Change: +8.46