Boeing said to win FAA backing to raise 737 output next month, Bloomberg says

Boeing (BA) has secured the backing of the Federal Aviation Administration to raise production of its 737 jetliner to 42 jets a month, according to Bloomberg’s Siddharth Philip and Eric Johnson, citing a person familiar with the matter. FAA Administrator Bryan Bedford told Boeing CEO on a phone call on Friday that “the agency was aligned with the company’s production plans following a close review of its factory performance,” the source said. The FAA didn’t immediately respond to a Bloomberg request for comment.