The decision to do so was couched in a strong backlog and strong forthcoming demand by CEO Dennis Muilenburg at a Morgan Stanley conference.
But analysts think the move is more about boosting free cash flow and hitting margins than it is about demand.
Boeing sees demand surging from 2019 for widebodies generally and the 787 specifically.
Muilenburg says Boeing is working “skyline” positions in 2019 and 2020 (LNC saw these years as already filled).
Widebody jets hitting 25 years old early next decade.