Boeing May Boost 737 Production

By Dow Jones Business News, 
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RENTON, Wash.-- Boeing Co. could raise production of its single-aisle 737 jets beyond the increased rate it already plans to meet strong demand, a senior Boeing executive said Tuesday.

Boeing is currently building the 737 at a rate of 38 a month. The company plans to begin delivering 42 of the jets a month in the second quarter of this year, and will begin building the first aircraft at that higher rate Wednesday. It has said it plans to advance production to 47 a month in 2017.

Beverly Wyse, Boeing's vice president and general manager of the 737 program, said at a media briefing Tuesday that Boeing is studying increasing the 737 production rate to 52 a month in 2018 or 2019.

Ms. Wyse said Boeing has a backlog of 3,680 737s jets on order, stretching across seven years of production at current production rates.

Write to Jon Ostrower at jon.ostrower@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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