Boeing Plans On Building Over 900 Airplanes A Year By 2020, CEO Says Written 20 February 2018

CNBC reports that Boeing CEO Dennis Muilenburg told CNBC’s “Squawk on the Street” Thursday that the company plans on building over 900 airplanes annually “by the end of the decade.” Boeing delivered a record 763 commercial aircraft in 2017, the equivalent of about one new plane every 11½ hours, “and Muilenburg says the company’s production rate is going to keep climbing.” Muilenburg said, “We see air traffic growing and passenger traffic growing at about 6 percent to 7 percent a year, and that’s feeding airplane growth throughout the world.” He said the world’s aircraft fleets are “going to double in size” in the next two decades to address the need for millions of new passengers.
More Info (CNBC)