What Happened
FAA Backs Rate Increase Amid Ambitions for Further Growth
Boeing has received FAA approval to increase production of the 737 program to 47 aircraft per month, with CEO Kelly Ortberg expressing ambitions to reach 52 and eventually 63 aircraft per month. The production boost follows a capstone review with the FAA, which had previously limited Boeing to 42 aircraft per month. A new production line in Everett, Washington, is set to open this year, marking a significant expansion of Boeing’s manufacturing capabilities. The development was reported by AeroTime.