The smallest of these is the Boeing 737 MAX 7, which has yet to enter service and is still awaiting certification from the Federal Aviation Administration (FAA). The jet is designed to replace the earlier Boeing 737-700,

Ryanair ( RYAAY) ( OTCPK:RYAOF) Chief Executive Michael O’Leary estimates that plane maker Boeing ( NYSE: BA) will be able to lift output of its 737 Max jetliners to 38 a month by the end of summer and possibly to 42 by October if aviation authorities approve, Reuters reported Monday.

The Boeing 737 Max family, which entered service eight years ago, was designed to be the latest and most advanced version of the Boeing 737 family, the most successful commercial aircraft of all time.

In a year defined by a roughly month-long grounding of its Boeing 737 Max 9s and the costly acquisition of leisure carrier Hawaiian Airlines, Seattle-based Alaska Air Group posted a roughly $400 million profit.

Boeing has crashed to the second biggest annual loss in its 109-year history as the plane maker grapples with the fallout of a major safety scandal.

President Trump’s Department of Transportation Secretary nominee has pledged to maintain a cap on Boeing 737 MAX production brought in by the FAA last year.

American, Delta, United, and Alaska all announced record results as the biggest airlines continue to recover from the pandemic downturn.

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.

A nascent recovery from Boeing’s troubles stalled in the fall when a 52-day Machinists union strike stopped almost all Boeing jet production in its Puget Sound assembly plants.

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

Boeing’s ( NYSE: BA) shares rose 4.5% on Tuesday morning after the aviation giant cited progress on its efforts to restore positive cash flow, a key indicator of its health. The company last week issued preliminary results to reset investor expectations on quarterly results.