Boeing's CFO Predicts a Bright Future: Higher Deliveries and Cash Flow in 2026
In a recent UBS conference, Boeing's Chief Financial Officer, Jay Malave, shared a positive outlook for the company's future. Malave predicts a significant boost in deliveries for both the 737 and 787 jets in the coming year, with a particular focus on the 737-10 aircraft's certification expected later in 2026.
This optimistic forecast has already impacted the market, with Boeing's stock soaring over 7% in early trading on Tuesday. Malave's comments highlight the potential for increased cash flow, with positive free cash flow expected to reach the billions in the 'low single digits'. This is a notable improvement, considering Boeing hasn't turned an annual profit since 2018.
The company's upward trajectory is further supported by recent events. After a period of increased scrutiny following a door plug blowout on a flight in January 2024, Boeing has been experiencing a positive turn. CEO Kelly Ortberg noted in July that the company was making significant progress, including slashing quarterly losses.
October saw a strong delivery pace, putting Boeing on track for its highest annual delivery total since 2018. Jetliner deliveries, in particular, drove the company back into cash-positive territory for the first time in nearly two years. This success is attributed to the lifting of restrictions by the Federal Aviation Administration, allowing Boeing to sign off on its 737 Max and 787 Dreamliner planes before they reach customers.
With a promising outlook for 2026, Boeing's future appears to be heading in the right direction, and investors are taking notice.
