13 OCTOBER 2014
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Boeing has announced that it will increase production of its 737airliner programme to 52 aeroplanes per month in 2018 in response to strong market demand worldwide.
Once the increase is implemented, the 737 programme is expected to build more than 620 aircraft per year, the highest rate ever for what is now the world's best-selling commercial aeroplane.
"The 737 Next-Generation and 737 MAX aircraft offer our customers unparalleled efficiency and reliability," said Boeing Commercial Airplanes President and CEO Ray Conner. "Whether for fleet growth or for replacement needs, the 737 enables market success for carriers due to lower operating economics and by providing a better passenger experience."
Boeing currently produces 42 aeroplanes per month at its Renton, Washington 737 assembly line and has previously announced plans to increase the production rate to 47 aircraft per month in 2017.
The 2014 Current Market Outlook, Boeing's long-term forecast of air traffic volumes and commercial airplane demand, projects a need for more than 25,000 single-aisle aeroplanes over the next 20 years, worth $2.56 trillion total market value.
To date, 266 customers worldwide have placed more than 12,100 orders for the 737 – including more than 6,800 orders for the Next-Generation 737 and more than 2,200 orders for the 737 MAX. Boeing currently has more than 4,000 unfilled orders for the type. www.boeing.com
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