What Happened
Planemaker Prioritizes Output Over New Orders Amid Strong Demand
Boeing is focusing on increasing and improving aircraft production at the Farnborough Airshow, rather than seeking new orders. According to Boeing Commercial Airplanes CEO Stephanie Pope, the company’s backlog is strong, and demand is not a concern. Instead, the priority is to listen to customers and suppliers, and update them on Boeing’s products. The planemaker is studying a new round of production increases for its best-selling 737 MAX, which is critical to its financial recovery and ability to compete with European rival Airbus. This development was reported by Reuters.