Boeing stock slips amid FAA production cap news
ReutersJun 4, 2025 6:59 PM
Boeing BA.N stock slipping ~0.4% on Wed after FAA said it is not considering lifting 38-per-month production cap for 737 MAX planes
Acting FAA Administrator Chris Rocheleau confirmed no change to policy of inspecting all 737 MAXs and 787 Dreamliners before issuing airworthiness certificates
Boeing CEO Kelly Ortberg expressed confidence in increasing 737 MAX production to 42 planes per month once FAA approves
BA stock rallied about 20% YTD, outperforming S&P 500 .SPX which rose less than 2%
BA stock more than 1% below its 52-week intraday high of $215.8 reached on Jun. 3, 2025
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