The Boeing Co. plans to raise the production rates on its single-aisle 737 jet, the company said today.
The rate increase will start in the early months of 2012. The current production rate on the 737 program is 31.5 airplanes per month. Suppliers for the 737 program are prepared to support the rate increase. The production rate decision is not expected to have a material impact on 2010 financial results.
“With over 5,200 sold to date, the Next-Generation 737 is the workhorse in our customers’ fleets around the world,” said Boeing Commercial Airplanes President and CEO Jim Albaugh. “Even through the global economic downturn, our diverse 737 backlog has remained very strong.”
Boeing announced earlier this year that it also plans to increase production of its Everet-built 777 jet, beginning in 2011.
The company has 2,000 unfilled orders for its 737.
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