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Boeing to produce its 737 jet at highest rate ever

Author:Site  Source:Original Site  Click to rate:1223  Post time:2014-02-12

Aerospace giant Boeing Co. said it is going to start cranking out the company’s bestselling 737 jets at its highest production rate ever.

The company, which assembles the single-aisle airliner in Renton, Wash., said it is going to build 737s at the increased rate of 42 airplanes per month. That’s up 33% from 31.5 planes a month since 2010.

The first 737 built at the new rate is scheduled to be delivered in the second quarter.

Boeing’s announcement comes less than a week after it reported record revenues of $86.62 billion in 2013. The company said it plans to deliver 715 to 725 airplanes in 2014, up from last year’s record of 648.

If all goes to plan, the Chicago-based company plans on increasing the 737 production rate to 47 planes a month in 2017.

from aluminiumtoday.com

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