Boeing increases production rate for Next-Generation 737

Boeing is to increase the production rate for its Next-Generation 737 to 42 aircraft per month.

Once implemented in the first half of 2014, the 737 programme is expected to build, on average, two 737s each workday and nearly 500 aircraft each year.

Beverly Wyse, 737 programme vice-president and general manager, said: ‘We believe that many of the capital investments and production system changes made for 38 [aircraft] per month will already position us to build 42.’

According to Boeing, the 737 programme currently produces 31.5 aircraft per month and expects to go to 35 per month in early 2012, 38 per month in second quarter 2013 and then to 42 per month in the first half of 2014.

The company said in a statement that the rate increase announced today is not expected to have a material impact on 2011 financial results.