Boeing Reportedly Planning to Reach Record 737 Production in 2025
Boeing reportedly plans to expand the production of the airplane manufacturer’s bestselling 737 narrowbody jet to record numbers by 2025.
According to documents obtained by Reuters.com, Boeing’s production plans were outlined in a master schedule shared with suppliers, which targets production of the 737 to reach 42 planes a month by December 2023.
Boeing would then increase monthly build rates to 47.2 jets by June 2024, 52.5 by December 2024 and 57.7 by July 2025. The company’s official 737 production target is 50 per month by 2025-2026.
The manufacturer initially set a goal of reaching 57 planes built per month before two deadly crashes in 2019 grounded the 737 MAX fleet worldwide. At the time of the grounding, Boeing was producing 52 aircraft a month.
While Boeing refused to comment on the report, Boeing CEO Dave Calhoun previously mentioned the potential goal of 60 airplanes manufactured a month as orders continue to increase, including Air India booking nearly 200 MAXs earlier this year.
Calhoun said the second half of 2024 would be crucial to meeting or exceeding production goals, depending on whether supply chains steady and demand increases.
“I would love to get to 60 deliveries and the market is there for it,” Calhoun said in July. “There's no doubt about it. If we get through that well and we execute well, then we'll be talking to all of you about 60 deliveries, but I don't want to get ahead of myself.”
Earlier this summer, Boeing announced the launch of a new SAF Dashboard tool that tracks expected sustainable aviation fuel (SAF) capacity over the next decade. Based on data from BloombergNEF, the dashboard aggregates total SAF capacity announcements by suppliers globally and can filter anticipated supply by production pathway, location and other metrics.
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Title:Boeing Reportedly Planning to Reach Record 737 Production in 2025
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