Boeing CEO comments on production plans

INVESTING.COMJun 5, 3:57 PM UTC

Key insights

  • Boeing's CEO provided an update on production plans, stating that rates beyond 63 737 aircraft per month are still under study and expressing confidence in reaching 10 787 aircraft per month by year-end. No discussions about delivery delays were mentioned. The company also has no new information on the Lufthansa incident. The comments offer operational insights but do not present significant new information likely to sway the broader US equity market.
Boeing CEO comments on production plans

Investing.com -- Boeing reported Friday that it has no new information regarding the Lufthansa nose collapse incident, according to Chief Executive Officer Kelly Ortberg.

Speaking in a CNBC interview, Ortberg addressed several topics related to the aircraft manufacturer’s production plans and operations.

The CEO said that production rates beyond 63 aircraft per month for the 737 program remain in the study phase. Boeing expressed confidence about reaching a production rate of 10 aircraft per month for the 787 program by the end of the year.

Ortberg stated that Boeing has not held any discussions about delaying aircraft deliveries.

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