Boeing executives are adding to the optimism of skeptical investors

On Wednesday, Boeing Co.'s top executives talked about their forecast to increase airplane supplies and grow in free cash flow next year. This was the way for them to show that the airplane manufacturer is recovering from the devastating post-pandemic recession to calm skeptical investors.

The U.S. aerospace giant held its first public investor meeting since 2016. The company told investors and analysts its intention to ship 400-450 MAX aircrafts next year. That's more than the 375 narrow-body airplanes it expects to deliver this year. By 2023, it intends to deliver 70 to 80 of the 787 aircrafts.

Boeing has been experiencing production delays, reduced perspectives on aircraft deliveries and growing losses in its defense business. Because of this, investors are skeptical about the company's targets.

However, CEO David Calhoun said in a statement that the company has considered all potential problems.

CEO David Calhoun believes that the existing plan and the made recommendations are achievable. He said that if the company had a different opinion, it would not have set it.

According to Colin Scarol, a CFRA analyst, despite the bad reputation of Boeing due to failure in meeting targets, the projection presented on Wednesday is fairly conservative and achievable.

Scarol added that he feels more confident about Boeing in operational terms than he did last week.