On July 17, the US Federal Aviation Administration (FAA) restored The Boeing Company's authority to issue airworthiness certificates for all newly produced 737 MAX and 787 Dreamliner aircraft.
The FAA's decision followed eight months of joint testing and rigorous safety audits. This regulatory change marks a significant shift from previous restrictions imposed on the manufacturer.
The FAA had stripped Boeing of individual 737 MAX certification privileges in 2019 after two fatal crashes. The agency later expanded the restriction to the 787 Dreamliner in 2022 amid manufacturing flaws.
Production Targets and Financial Outlook
Boeing's production was capped at 38 jets per month following the early-2024 Alaska Airlines door-plug incident. Regulators have since backed Boeing's expansion toward 47 MAX jets per month in mid-2026, with plans targeting 52 units per month.
Management targets full-year 2026 operating cash flow between $5 billion and $7 billion. The company also aims for a full-year 2026 free cash flow inflection between $1 billion and $3 billion.
Despite these targets, Boeing's total consolidated debt is near $47.20 billion. The company's last twelve months (LTM) free cash flow yield is -0.6%.
Investor Sentiment and Ratings
Insider Monkey's hedge fund ownership data reveals a divided stance among institutional investors regarding Boeing's turnaround trajectory. At the end of Q1 2026, Pentwater Capital Management increased its Boeing holding by 7% to 7,069,500 shares, valued at $1.41 billion, representing 7.3% of its total portfolio.
Conversely, King Street Capital reduced its Boeing position by 62% to 258,355 shares at the end of Q1 2026. This holding was valued at $51.4 million, representing 15.68% of its total portfolio.