Boeing Narrows Q3 Loss, Sets Goal for 52 Max Jets per Month by Late 2027

Boeing said Tuesday it is aiming to increase the build rate of its 737 Max to 52 aircraft a month in the second half of 2027, up from the roughly 47 it currently produces each month. The target was disclosed during an investor call hosted by CEO Kelly Ortberg, who told CNBC’s Phil LeBeau the company will "go faster but… do it right."

The plan comes as the aerospace giant posted a much‑smaller loss for the quarter ended Sept. 30. Net loss narrowed to $116 million, or $0.26 per share, versus a $5.34 billion loss a year earlier. After one‑time items, the adjusted loss stood at 34 cents per share. Revenue rose 4% year over year to $24.19 billion, and free cash flow more than doubled to $464 million from $238 million in the comparable period of 2025.

Boeing’s defense segment helped lift overall results, delivering $7.94 billion of revenue, a 15% increase from the prior year. The commercial aircraft division, however, saw revenue dip 3% to $10.72 billion and posted a 6.5% negative operating margin, which the company said reflected an unfavorable delivery mix, higher projected costs tied to future production‑rate changes, and rising supply‑chain expenses.

The company delivered 161 commercial airplanes in the quarter, just one more than a year earlier. In parallel, regulatory progress continued: the FAA approved the 737 Max 10, completing certification for the Max family after earlier approvals of the Max 7. The U.S. Navy also selected Boeing for its next‑generation fighter jet program.

Ortberg reminded staff that the firm still has "more work to do" as it pursues leaner, more efficient production while maintaining safety and quality standards.

Why it matters: A narrowed loss and stronger defense sales give Boeing a firmer financial footing as it seeks to raise 737 Max output, a key lever for cash flow and recovery.

Source: Boeing narrows loss on higher defense sales, targets Max production increase for late 2027 — CNBC