What Happened
Planemaker Prioritizes Increasing Output Amid Strong Demand
Boeing Commercial Airplanes CEO Stephanie Pope stated that the company is focused on increasing and improving aircraft production, rather than announcing new orders, at the Farnborough Airshow. With a strong backlog and demand not being an issue, the planemaker’s priority is to listen to customers and suppliers, and update them on its products. Increasing production is critical to the company’s financial recovery and ability to compete with European rival Airbus, according to Reuters.