Boeing Focused On Production Rate Increases, New Airplane Development | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **
** Airborne 11.19.14 ** HD iPad-Friendly -- Airborne 11.19.14 **
** Airborne 11.17.14 ** HD iPad-Friendly -- Airborne 11.17.14 **

Tue, Jul 10, 2012

Boeing Focused On Production Rate Increases, New Airplane Development

Also Looks For More 747-8 Orders This Year

Boeing Commercial Airplanes President and CEO Ray Conner (pictured) laid out his goals during the opening day of the Farnborough International Airshow, saying the company is hitting its stride on performance and making significant progress on new airplane programs. "We're seeing levels of demonstrated performance that give us confidence in our ability to increase production rates and deliver on our promises to customers," said Conner. "We're also working closely with our suppliers to make sure they're able to increase capacity and make the necessary investments to go up in rate with us."

The Boeing backlog stands at more than 4,000 airplanes, equating to nearly seven years of production at current rates. In the first half of 2014, Boeing will be producing 30 percent more airplanes than today. In addition, Boeing's 2012 Current Market Outlook forecasts a market for 34,000 airplanes worth $4.5 trillion over the next 20 years.

Conner also said the right strategies are in place as the company moves toward new product development. "We have time to make the right decisions when it comes to improving the 777 family thanks to our strong market position," said Conner. "Meanwhile, the 787-10X will extend and complement the 787 family and be the best in its class. We are absolutely committed to both of these airplanes."

Conner said Boeing's new 737 MAX, which will be the most fuel-efficient airplane in its segment with the lowest operating costs, continues to impress customers and gain new orders. The airplane is still targeted for first flight in 2016 with first delivery in 2017.

Reuters reports that senior VP and general manager of airplane programs Pat Shanahan said that the latest version of the iconic 747 is gaining a following, and that he thinks the order book for the Intercontinental will pick up in the next few months. The first 747-8 was delivered to Lufthansa earlier this year, and one airline executive said he was not completely satisfied with the weight of the airplane, but that it is flying a normal schedule.

FMI: www.boeing.com

Advertisement

More News

Airborne 11.21.14: AEA's 3Q/14 Report, Fantasy Of Flight, Modernizing The NAS

Also: Holland Wants Gold, FAA Strangling UAVs?, RAF WWII Trainer For Sale, Bf109s Live, Georgia v Aerospace Engineers The Aircraft Electronics Association has released its third-qu>[...]

Aero-News: Quote Of The Day (11.24.14)

“The NASA Student Launch – now in its 15th year – has engaged hundreds of students and educators in real-world scenarios that solve complex engineering challenges>[...]

Aero-TV: GOGO Business Aviation -- Communicating at the Speed of Flight

Airborne Communications Are One Of The Strengths Of Business Aviation At NBAA2014 ANN CEO and Editor-In-Chief, Jim Campbell, checked in on the world of airborne communication. Ther>[...]

Aero-News: Quote Of The Day (11.23.14)

"Reaching this stage that we call ATLO is a critical milestone. This is a very satisfying point of the mission as we transition from many teams working on their individual elements>[...]

R44 Helicopters Show Up In Iran

Reportedly Purchased Through 'Dealers' Despite Embargo An Iranian company has acquired four Robinson R44 helicopters despite international trade sanctions against that country due >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC