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Boeing $BA -0.68% is increasing 737 Max production to 47 aircraft per month after receiving regulatory clearance, CEO Kelly Ortberg told CNBC.
"We've passed the capstone review for rate 47, so we are now in the process of running the line at the 47-a-month rate," Ortberg said. "It'll probably take us a few months of stabilization there. ... My guess is we continue to go up in rate. We're off and rolling now for the 47-a-month rate, and we should be there in the next couple months."
Boeing is currently building 42 737 Max jets per month. The company said the rate-47 increase follows a successful capstone review with the Federal Aviation Administration.
Opening July 6, the Everett facility is positioned to push 737 Max output toward the 52-per-month mark, a target Boeing expects to hit starting next year. Production at the new line will begin with the 737 Max 10; Ortberg said FAA certification for that stretched single-aisle variant is anticipated by year's end, after which the first deliveries could proceed.
