Log in to use our free company, program and sector update tracker feature.

Front page

Boeing 737 production rate to increase to meet customer demand

Boeing (NYSE: BA) today announced that it will increase production rates on the Next-Generation 737 program to 34 airplanes per month in early 2012. The planned rate increase is aimed at satisfying continued strong demand for the Next-Generation 737. In addition, the company continues to study further potential 737 rate increases, given continued customer demand.

"With over 5,200 sold to date, the Next-Generation 737 is the workhorse in our customers' fleets around the world," said Boeing Commercial Airplanes President and CEO Jim Albaugh. "Even through the global economic downturn, our diverse 737 backlog has remained very strong. Increasing the 737 production rate is the right thing to do to meet the growth and fleet replacement needs of our customers."

The current production rate on the 737 program is 31.5 airplanes per month. Suppliers for the 737 program are prepared to support the rate increase. The production rate decision is not expected to have a material impact on 2010 financial results.

"The global economy continues to recover this year and we believe that airlines will return to profitability in 2011," said Randy Tinseth, vice president of Marketing for Boeing Commercial Airplanes. "We believe that there will be an increased demand for airplanes – especially in the market served by the Next-Generation 737 – in 2012 and beyond."

With more than 2,000 unfilled orders from more than 80 customers around the world, the Next-Generation 737 is the newest and most technologically advanced airplane in its class. Airfinance Journal's investors' and operators' poll consistently ranks the Next-Generation 737 as the most preferred airplane in its class due to its wide market base, superior efficiency and lowest operating costs.

Press release issued by Boeing Commercial Airplanes on May 17, 2010


 Contact details from our directory:
Boeing Commercial Airplanes Airframer


 Related aircraft programs:
Boeing 737

Enhanced listings:

Valence Surface Technologies
The leading metal processing company serving the global aerospace industry. Valence’s ten facilities offer full-service capabilities: NDT, shot peen, chemical processing, paint, and other coatings.

Beckwood Press
Your single source for aerospace forming equipment. Manufacturer of Triform Sheet hydroforming presses.

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

Belden Universal
Specialty universal joints and drive shafts, designed to satisfy even the most rigorous operating criteria. Belden Universal is AS9100C certified.

The leading provider of heat treatment services worldwide. Bodycote offers high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.

See our advertising tariff.


Monthly page limit exceeded. Please buy a subscription.

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.