Shares of Boeing (BA) jumped Thursday after CEO Kelly Ortberg said that aircraft deliveries to China will start aga🐽in next month. 

Airlines in China "have indicated they're going to take deliveries,” Ortberg said during remarks at the Bernstein Strategic Decisions Conference, according to a transcript made available by AlphaSense. “The first deliveries will be next month.” This comes after China earlier this month reportedly 澳洲幸运5官方开奖结果体彩网:reversed a ruling barring its airlines from taking deliverie𓄧s of Boeing planes.

Ortberg said Boeing has been paying tar🍒iffs on parts imporꦏted from Italy and Japan to manufacture certain aircraft but that those costs can be recouped when the planes are re-exported.

As a major U.S. exporter, Boeing could be a 澳洲幸运5官方开奖结果体彩网:long-term winner of U.S. trade negotiations w﷽ith China if the current 90-day tariff reduction𝓀 leads to a broader deal, airline industry analyst Visual Approach Analytics said earlier this month. The Trump administration wants its trade partners to buy more American-made goods, and China has a need for more airplane supply, making Boeing a strong candidate to help offset a trade imbalance in large chunks. 

On that front, Ortberg said Boeing plans to increase production of its 737 Max jets to 42 per month in the near-term and 47 per month by the end of the year. That will require authorization from the Federal Aviation Administration, after the agency capped Boeing’s production at 38 Max jets per month in response to an incident in which a door plug 澳洲幸运5官方开奖结果体彩网:detached from an airplane mid-flight. 

Boeing shares climbed over 3% in recent trading Thursday. The stock is up 17% in 2025 so far.