Major Boeing customer Ryanair sees 737 production hitting 48 per month by April
1. Ryanair expects Boeing to increase 737 production to 42 units in October. 2. Production is projected to rise to 48 units by March or April next year.
FAQ
Why Bullish?
An increase in production typically leads to higher revenue. Historical examples like the ramp-up in 787 production showed positive price reactions.
How important is it?
Ryanair's confidence indicates strong demand, which can positively influence BA's stock price.
Why Short Term?
The upcoming production increases will boost sales in the next few quarters. This short-term outlook is tied to immediate operational changes rather than long-term strategy.