Boeing’s production plans

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By Vincent Valery

Introduction  

Jan. 26, 2021, © Leeham News: LNA wrote earlier this month that Boeing needs a boring year after a challenging 2020. Ramping up 737 production, clearing up the accumulated 737 MAX and 787 inventories, and keeping 737-7/10 and 777X certification campaigns on track are among the OEM's main goals for 2021.

Credit: Boeing

Like Airbus, Boeing had to significantly adjust its production plans downward for the foreseeable future as airlines pushed back scheduled deliveries. Boeing's latest plans involve increasing the 737 line production rate to 31 per month by early 2022. The 787 production rate will go down to five per month (from a peak of 14) in the second quarter of 2021. The 747, 767, and 777 rates remain at 0.5, three, and two per month, respectively.

Ahead of Boeing's earnings release on Jan. 27, LNA analyzes the updated delivery schedule for coming years on the five major commercial programs.

Summary
  • Shallower rates on 747 and 767;
  • Dreamliner delivery delays;
  • Analyzing new 737 MAX order and inventory cleanup;
  • Notable changes behind stable 777 production rate.

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