Boeing to increase 737 production rate in 2014

Boeing Co (BA.N) plans to increase the production rate on its hot-selling 737 narrowbody plan to 42 per month, starting in 2014, the company said on Wednesday.

The world's second-largest plane-maker after EADS (EAD.PA) unit Airbus produces 31.5 737 airplanes per month and expects to increase to 35 per month in early 2012, 38 per month in the second quarter of 2013, and then 42 per month in the first half of 2014.

Boeing has 2,101 unfilled orders for 737 models, according to its website. The company has taken a net total of 65 orders for the plane this year.

Boeing is deciding whether to redesign its 737 or put a more fuel-efficient engine in the current design. A redesign would take longer but would save more fuel for budget-conscious airlines.

Read Full Article from Reuters

- Posted: 2011-06-15 13:03:35

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