Boeing to raise production of Its Dreamliner by 17%
Boeing will raise production of its 787 Dreamliner in 2019 and bolster a key accounting measure that will improve the plane’s long-term profit margins, CE Dennis Muilenburg said. Both moves signal Boeing’s confidence that the carbon-composite jetliner will continue to generate strong sales despite a tough market for long-haul aircraft. The company is starting to fill in its 787 order book as far ahead as 2022, and that’s before a wave of wide-body jet replacements that should spur sales next decade, Muilenburg said Wednesday. The existing tempo is already the fastest on record for a twin-aisle jet, and some analysts have expressed concerns that a quicker production tempo would burn off the 787’s backlog, to be followed by a rate cut that would hurt suppliers. <br/>
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Boeing to raise production of Its Dreamliner by 17%
Boeing will raise production of its 787 Dreamliner in 2019 and bolster a key accounting measure that will improve the plane’s long-term profit margins, CE Dennis Muilenburg said. Both moves signal Boeing’s confidence that the carbon-composite jetliner will continue to generate strong sales despite a tough market for long-haul aircraft. The company is starting to fill in its 787 order book as far ahead as 2022, and that’s before a wave of wide-body jet replacements that should spur sales next decade, Muilenburg said Wednesday. The existing tempo is already the fastest on record for a twin-aisle jet, and some analysts have expressed concerns that a quicker production tempo would burn off the 787’s backlog, to be followed by a rate cut that would hurt suppliers. <br/>