Boeing’s fundamentals have been improving, but the recent spike up in the stock seems to be more about investors being afraid not to own it, Vertical Research said.

U.S. planemaker Boeing has returned to a more "dynamic" production profile after years of uncertainty surrounding setbacks to its 737 MAX passenger jet, the head of engine maker and key Boeing supplier Safran said on Thursday.

After a disastrous stretch of scandals linked to the 737 MAX jet, the plane maker is listening closely when workers find problems.

Boeing and the DOJ reached an agreement allowing the aerospace giant to avoid prosecution on criminal charges over two plane crashes that killed 346 people.

Many relatives of the passengers who died in the Boing 2018 and 2019 crashes have spent years pushing for a public trial.

On Friday, May 23, the United States Justice Department announced it reached a deal with Boeing for allegedly misleading U.S. regulators about its 737 Max airplane before two crashes five months apart that killed 346 people.

In its fourth annual safety report since the deadly MAX crashes, Boeing laid out a multi-pronged safety plan and said it's seeing progress.