But, first, let's talk it back and break down Boeing CEO Dave Calhoun's thoughts on the dividend and the 737 MAX.
Here's what happened.
Calhoun said the company hopes to resume production of the 737 MAX months before the authorized date for the aircraft to go back in the air, CNBC reported.
Calhoun, when asked, said that he has no plans to scrap the 737 MAX.
Calhoun also said the planemaker wouldn't cut its dividend despite the prolonged grounding of the 737 MAX jet.
So, what has Cramer feeling good?
Well, the dividend for one.
Kelly hopped on CNBC after the company reported earnings.
The grounding of the 737 MAX impacted Southwest's earnings. The company also noted that higher future costs will likely eat into profits, due to the grounding.
Watch the video above for Cramer's full take on Southwest and Boeing.
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