We announced today that we will indeed increase production rates on the Renton-built Next-Generation 737.
We’ll be increasing the rate from the current 31.5 airplanes per month to 34 per month in early 2012.
Next-Generation 737s on the production line in Renton. Our 737 backlog of more than 2,000 unfilled orders from more than 80 customers has remained very strong through the economic downturn
As I’ve mentioned here before, the global economy continues its recovery, and we think that airlines will return to profitability in 2011. This will lead to an increased demand for airplanes - especially in the market served by the Next-Generation 737 - in 2012 and beyond.
We’ll keep looking at the need for further 737 rate increases as customer demand evolves.