Boeing Co. Chief Executive Officer Kelly Ortberg said he’s optimistic the company can return to a closely watched production target for its all-important 737 airliner this year, a key milestone to turning a corner after reporting its the second-worst annual loss in its history.

Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.

Indian low-cost airline SpiceJet is to restore its grounded Boeing 737 MAX fleet to service after signing a crucial engine maintenance deal.

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.

After being grounded for several months, the return of this aircraft is seen as a key step in SpiceJet’s ongoing efforts to restore its fleet and improve operations, the airline stated in a press release.

President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised.

Boeing is seeking temporary regulatory exemptions for a stall-management yaw damper (SMYD) system on the 737 Max 7 and Max 10, saying a classification change left it unable to demonstrate that the systems meet airworthiness standards.

SpiceJet to re-induct its first Boeing 737 MAX aircraft on January 29, 2025, boosting its fleet and operational efficiency.

Boeing aims this year to hike 737 production to at least 38 jets monthly, and possibly as high as 42 if it receives permission to do so from the Federal Aviation Administration.

The B737 MAX model forms the bulwark of SpiceJet’s plans for revival, which includes sorting out litigations against it, paying up where needed and getting fuel-efficient aircraft like the B737 MAX which will help it fly longer distances to high-demand destinations like Riyadh and Jeddah without any operational restrictions.

The Boeing 737 Max hit a coyote while taking off, forcing it to return to Chicago O’Hare after just 40 minutes of flying.

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.