Boeing to increase Dreamliner production

Boeing to increase Dreamliner production

Production of the Boeing 787 Dreamliner is to be raised to 12 a month by 2016.

That would be an increase from manufacturer Boeing’s target of 10 aircraft a month by the end of this year, the BBC reported.

The move came as Boeing announced a 12% rise in net profits to $1.16 billion in the three months to the end of September

The strong performance was partly due to its commercial aircraft division where sales rose 15% to almost $14 billion.

Boeing said: “During the quarter, the 787-9 completed first flight. With the successful launch of the 787-10 and continued strong demand for the 787 family of airplanes, the company intends to increase the 787 production rate from 10 to 12 per month in 2016, with plans to increase to 14 per month before the end of the decade.”

The commercial aircraft division booked 200 net orders in the quarter. Backlog remains strong with nearly 4,800 aircraft valued at a record $345 billion.

Boeing chairman, president and chief executive Jim McNerney said: “Consistently strong operating performance is driving higher earnings, revenue and cash flow as we deliver on our record backlog and return increased value to shareholders.

“During the quarter, Commercial Airplanes completed the first flight of the 787-9 and delivered 170 airplanes, while Defense, Space & Security maintained solid performance and captured $7 billion in new orders.”


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