Associated Press | Boeing will speed up production plans for its
777 and 747 models in anticipation of greater demand from commercial
airlines in a couple of years.
The aircraft maker, based in Chicago, said Friday it will increase
production of its fuel-efficient 777 wide-body in mid-2011 to seven
airplanes per month from five. The ramp-up was originally planned early
2012.
Production of the latest version of Boeing’s iconic 747 will increase
to two airplanes per month from 1.5 in mid-2012. The production
increase had been scheduled for mid-2013.
Boeing sees the airline industry recovering this year, followed by a
return to profitability in 2011. That should lead to demand for new
aircraft in 2012 and beyond, the company says.
