Ryanair CEO 'Pretty Confident' Boeing 737 Production Could Rise To 48 A Month By April: Report

Boeing Co. (BA) customer Ryanair reportedly stated on Wednesday that it expects the aerospace giant to get the necessary permissions to increase the monthly production of the flagship 737 jet to 48 by March or April 2026.

According to a Reuters report, Ryanair Group CEO Michael O'Leary said he was “fairly confident” that the U.S. Federal Aviation Administration (FAA) would authorize an increase in the production of the Boeing 737 aircraft to 42 in October, from the current limit of 38.

"Will the FAA then allow them to go to rate 48 next March, April, which is ... the next big jump? We're pretty confident that will happen,” he added.

Boeing’s shares were up more than 1% in Wednesday morning’s trade. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory.

O’Leary added that Boeing has informed the company that they are “very confident” that the 737 Max 7 and 737 Max 10 certification will take place in 2026, according to the report. Ryanair has placed an order for 150 Max 10 aircraft. However, despite being optimistic about the progress at Boeing, O’Leary remained cautious and said there were no guarantees. “So we're pretty confident, but it could still be disrupted,” he said.

At the moment, the FAA has a cap of 38 per month in early 2024 for the 737 Max production following a panel blowout. In September, the aviation regulator proposed a $3.1 million fine on Boeing for hundreds of quality system violations and presenting two unairworthy aircraft to the regulator for airworthiness certificates.

The FAA also said that Boeing has not yet approached the regulator to increase the 737 production cap.

BA stock is up 27% year-to-date and 45% over the past 12 months.

Also See: Gold Price Surges To New Highs Ahead Of Fed Minutes, Analyst Reportedly Says $4,400 Possible By First Half Of 2026

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