Boeing begins increased rate assembly of 737s

5 February 2014

Boeing (NYSE: BA) is starting assembly this week of the first Next-Generation 737 to be built at the increased rate of 42 airplanes per month.

Since 2010, production of the 737 has increased about 33 percent, from 31.5 to 42 airplanes a month, its highest rate ever. The rate is scheduled to increase to 47 airplanes a month in 2017.

Early Wednesday morning, mechanics will load initial parts of the spars internal support structures in the wings into an automated spar-assembly machine. The spar is the first step in building the wings and marks the start of the assembly of the airplane at the Renton, Wash. factory.

The first Next-Generation 737 built at the new rate is scheduled to be delivered in the second quarter.

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