Lates News

A senior executive of Boeing (BA.N) stated at a meeting in North Seattle that Boeing plans to increase the monthly production of its core product, the 737 series, to 63 aircraft in the coming years. Boeing 737 program leader Katie Ringgold announced at the Pacific Northwest Aerospace Alliance conference on Tuesday that the company has installed tooling equipment in a traditional wide-body aircraft factory to support the new 737 final assembly line, and is hiring mechanics and engineers to prepare for production to start in mid-year. She said that production of this narrow-body aircraft is expected to increase by about 15% in the next 18 months. Maintaining a steady increase in production of the 737 aircraft is crucial for Boeing to improve its financial situation and repay its debts, as this aircraft model is a key source of income for the company.