Boeing’s chief financial officer said the company expects 737, 787 deliveries to increase next year.

boeing remains optimistic about its business as it closes out the year and looks to 2026.

Chief Financial Officer Jay Malabe said Tuesday at a UBS conference that he expects deliveries of the company’s 737 and 787 aircraft to increase next year.

“Fast forward to 2026 and we will be increasing our deliveries,” Malabe said.

Boeing stock rose more than 10% on Tuesday following Malabe’s comments.

He added that he expects the 737-10 to be certified in late 2026, although this is years behind schedule.

Marabe said enhanced delivery will also be a “huge driver” for cash flow, with positive free cash flow expected to be in the “low single digits” of billions of dollars. Boeing hasn’t made an annual profit since 2018.

Malabe also said the company expects cash margins to increase “quite significantly” through 2030 due to productivity improvements.

Boeing is on the rise after increased scrutiny following the January 2024 incident in which an aircraft door plug exploded. In July, CEO Kelly Ortberg said he was starting to see changes in the company’s business, including a reduction in quarterly losses.

Boeing’s strong delivery pace in October puts it on track for its highest annual delivery total since 2018. The company said in October it was back in the black for the first time in nearly two years, thanks to jetliner deliveries.

These deliveries follow the lifting of restrictions by the Federal Aviation Administration, allowing the company to approve some 737 Max and 787 Dreamliner aircraft for service before they reach customers.