flee 5 Report post Posted August 11, 2016 Aug. 11, 2016, © Leeham Co.: Boeing is laying the groundwork to further reduce the production rate on the 777 Classic and scrap a planned rate increase for the 787 from 12 to 14/mo. Greg Smith, CFO of The Boeing Co., reiterated a message from CEO Dennis Muilenburg during the 2Q2016 earnings call that these rate adjustments may be forthcoming. Smith made his remarks at an investors day conference sponsored by Jefferies & Co. More: https://leehamnews.com/2016/08/11/boeing-lays-ground-cut-777-rates/#more-20613 Boeing will not raise 787 production unless market demands it: http://www.reuters.com/article/us-boeing-production-idUSKCN10L1KQ Share this post Link to post Share on other sites
flee 5 Report post Posted December 13, 2016 Boeing will cut 777 production in Everett next summer A slowdown in orders means the rate will be cut in August from 7 planes per month to 5, with an unspecified impact on jobs. And in 2018, the rate will drop further, to 3.5 planes per month. See: http://www.seattletimes.com/business/boeing-aerospace/boeing-will-cut-777-production-in-everett-next-summer/ Share this post Link to post Share on other sites