Boeing is continuing to express optimism about its business as the company wraps up the year and looks at 2026.

Chief Financial Officer Jay Malave said Tuesday at a UBS conference that the company expects deliveries of both its 737 and 787 jets to be up next year.

“When you now fast forward to 2026, we’re going to be increasing our deliveries,” Malave said.

Boeing’s stock rose more than 10% Tuesday after Malave’s comments.

He added that he expects the certification for the 737-10 aircraft, which is years behind schedule, to come later in 2026.

The bolstered deliveries will be “a big driver” of cash flow as well, Malave said, with positive free cash flow expected to be in the billions in the “low single digits.” Boeing hasn’t turned an annual profit since 2018.

Malave also said the company expects that cash margins will get a “pretty significant boost” through 2030 due to the higher productivity.

Boeing has been experiencing an upward trend after a period of increased scrutiny following the blowout of a door plug on a flight in January 2024. In July, CEO Kelly Ortberg said the company was beginning to see changes in its business, including slashing its quarterly losses.

Boeing saw a strong delivery pace in October, putting it on track for its highest annual delivery total since 2018. The company said its jetliner deliveries drove it back into cash-positive territory for the first time in nearly two years in October.

Those deliveries follow a lifting of restrictions by the Federal Aviation Administration, allowing the company to sign off on some of its 737 Max and 787 Dreamliner planes before they reach customers.