Boeing Tests Suppliers On 787 Output Hikes: Reuters

Comments
Loading...
  • Boeing Co BA is said to be testing suppliers' capacity to meet 787 Dreamliner output scenarios as high as seven a month by end-2023, Reuters reported, citing three people with knowledge of the matter.
  • Boeing has discussed ambitious scenarios with parts makers as it surveys an industry crippled by successive crises and now facing labor and materials shortages deepened by Russia's invasion of Ukraine.
  • Related: Boeing Registers 22 Aircraft Deliveries In February
  • Boeing's recovery plan could see it increase the current monthly rate of two 787s to three around May and four around November.
  • The report also cited Jefferies analyst Sheila Kahyaoglu that estimated monthly output would stay at two in 2022, rising to 3.5 in 2023 but remaining below 5 "to facilitate the burndown of inventory."
  • Also read: US Federal Aviation Administration Finalizes Boeing 777 Safety Directives After Fan Blade Failures: Reuters.
  • Price Action: BA shares trading higher by 0.25% at $178.84 on the last check Friday.
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!