Boeing is looking to increase production of the 737 aircraft later in 2010 and reverse plans to cut down on 777 output.
Production of the 777 aircraft was set to be cut from seven to five a month in mid-2010 but new plans would see production sustained at its current level.
Boeing Commercial Airplanes CEO Jim Albaugh was quoted by the Wall Street Journal as saying that the company saw the cycle coming back.
"We might make an announcement in April that would add production in 2011," he said.
The decision on boosting production of its best-selling 737 model will be made later this year, with the company expecting to receive extra leasing orders.
Airbus also recently announced plans to increase the production rate of A320s by end of this year.
