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Tuesday, January 29, 2013

Boeing Increases 737 Production Rate

Boeing is now assembling its 737 Next-Generation planes at a rate of 38 per month, the company said Tuesday. The 737 production rate has risen by more than 20 percent over the past two years from 31.5 to 38.

The company has continued to see high demand from customers worldwide for its 737s, the first variant of which was introduced in 1979. Boeing recently announced an order for 60 of its upgraded single-aisle 737s from Aviation Capital Group LLC, a $6 billion deal at current list prices.

"The first spar load serves as the defining moment for our latest rate break, and the 737 team did it as planned, on schedule," said Beverly Wyse, vice president and general manager of the 737 program. "We have more hard work ahead of us, but we are well on our way to another successful production rate increase."

Boeing said in 2014 the rate will increase to 42 aircraft per month. More

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