Boeing Co. said it will increase production of its 737 airliner
to 47 planes per month in 2017.
aerospace giant had already planned to increase output to 42
planes per month in 2014 from 38 planes per month.
The move will
eventually raise the annual build rate of 737s to more 560 per
year, increasing the planes output by nearly 50 percent
since 2010, Boeing said.
"This increase will
lay a solid foundation as we bridge into production on the 737
MAX," Boeing Commercial Airplanes vice president and general
manager Beverly Wyse said, referring to the planes
newest, re-engined version, which is due to enter service in
Boeing builds the 737
in Renton, Wash. Speculation that the rate could rise above 42
has been growing since December 2011, when the International
Association of Machinists and Aerospace Workers union approved
a four-year contract that ensured the plane would continue to
be assembled in Renton (
amm.com, Dec. 9, 2011).
noted the risk of orders drying up for the current version of
the plane, the 737 Next Generation, as the newest re-engined
version, the 737 MAX, ramps up. But Boeings public
commitment to increase the 737 build rate suggests it is
"comfortable with the integrity" of its total 737 backlog of
3,467 orders, Cai von Rumohr, a securities analyst at New
York-based Cowen & Co. LLC, said in a note to
announcement indicates "the risk of a downturn in 737
production in front of initial delivery of the MAX in 2017
looks increasingly remote," von Rumohr added.
Boeing said it would
increase the build rate on its wide-body, titanium-intensive
787 Dreamliner, which is due to reach 10 planes per month by
the end of the year vs. the current seven planes, and 12 planes
per month by 2016 (
amm.com, Oct. 23).