RTI exec frustrated with slow Boeing ramp-up
Feb 09, 2012 | 01:12 PM
| Frank Haflich
Tags
RTI Titanium,
Boeing 787,
Dreamliner,
Dawne Hickton,
Frank Haflich
LOS ANGELES — RTI International Metals Inc. is showing increasing frustration with its role on Boeing Co.’s 787 Dreamliner as the slow ramp-up of the new aircraft has prevented RTI from turning a profit on the program.
RTI is producing just three shipsets of 787 titanium seat tracks per month, but it needs double that rate in order to move into the black on the program, Dawne S. Hickton, vice chairwoman, president and chief executive officer, said during a quarterly telephone conference. "We never thought that by 2012 we’d be sitting at three shipsets a month."....
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