Stock Markets June 5, 2026 11:57 AM

Boeing CEO Says No New Details on Lufthansa Nose Collapse, Updates on Production Targets

Kelly Ortberg reiterates production milestones for 787 and says higher 737 rates remain under review; no talks to delay deliveries

By Ajmal Hussain BA

Boeing Chief Executive Kelly Ortberg told CNBC that the company has no additional information about the Lufthansa nose collapse incident. Ortberg also outlined production planning: increases above 63 monthly 737s remain under study, while Boeing expects to hit a 10-per-month 787 production rate by year-end. He added that Boeing has not discussed delaying aircraft deliveries.

Boeing CEO Says No New Details on Lufthansa Nose Collapse, Updates on Production Targets
BA

Key Points

  • Boeing reports no new information about the Lufthansa nose collapse incident - impacts perception of aircraft safety and regulatory scrutiny.
  • Production increases above 63 aircraft per month for the 737 are still under study - affects aerospace manufacturing planning and supply chains.
  • Boeing expects to reach a 10-per-month production rate for the 787 by year-end and has not discussed delaying deliveries - relevant to airlines' fleet planning and delivery schedules.

Boeing said on Friday that it has not uncovered any new information about the incident involving a nose collapse on a Lufthansa aircraft, according to comments from Chief Executive Kelly Ortberg.

Speaking in a CNBC interview, Ortberg covered several elements of Boeing's production and operational planning. He confirmed the company is still examining higher output levels for the 737 program and reiterated the company's production timetable for the 787.

On the 737, Ortberg noted that any decision to raise monthly production above 63 aircraft is not finalized and remains in a study phase. The company has yet to move beyond analysis toward a committed increase, he said, underlining that options above the 63-per-month baseline are being evaluated.

Regarding the 787 program, Ortberg expressed confidence that Boeing will reach a production pace of 10 aircraft per month by the end of the year. That target was presented as an operational milestone Boeing expects to achieve within the current calendar year.

Ortberg also addressed delivery schedules, saying Boeing has not held discussions about delaying aircraft deliveries. That statement indicates that, as of his comments, the company has not initiated any internal conversations focused on pushing back customer delivery timelines.


Context and clarity

The remarks in the CNBC interview focused on three clear points: the status of the Lufthansa nose collapse inquiry, the evaluation of higher production rates for the 737 program, and the 787 production-rate target for year-end. Ortberg framed each point succinctly: no new investigative information, continued study of 737 rate increases beyond 63 per month, and confidence in reaching a 10-per-month 787 rhythm by the end of the year. He additionally stated that Boeing has not discussed delaying deliveries.

This account is limited to the comments Ortberg made in the interview and reflects the information he provided at the time.

Risks

  • Ongoing uncertainty about the Lufthansa nose collapse investigation - potential regulatory, operational, or safety implications for the aerospace sector.
  • Indeterminate plans for raising 737 production above 63 per month - introduces uncertainty for suppliers and manufacturing capacity planning in aerospace and industrial supply chains.
  • Limited visibility on future operational developments beyond Ortberg’s statements - markets and airline customers face uncertainty until further company updates are provided.

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