Boeing Set to Raise 777 Production

Suppliers said to be ready for 100 jets/year increase in 2013

Boeing Commercial Airplanes intends to increase the production rate for its 777 program “in response to strong customer demand globally,” raising output by 8.3 airplanes per month or roughly 100 per year in the first quarter 2013. It is the second production increase Boeing has announced this year for this jet program. In March, Boeing announced it will increase 777 production from five to seven planes per month beginning in mid-2011.

The jet builder stated that its 777 program suppliers are prepared to support the rate increase.

The 777 is a long-range, wide-body twin-engine jet that carries over 300 passengers, and ranging up to 9,380 nautical miles depending on the model. It is the world's largest twinjet commercial aircraft. Since it was introduced in 1994 the 777 has gained a large installed operator base. Boeing indicates the 777 program has logged 1,163 orders, with 907 deliveries and a backlog of more than 250 airplanes.

"In response to strong customer demand globally, we are increasing our yearly production to 100 777s," stated Boeing Commercial Airplanes president and CEO Jim Albaugh. "The 777 is the twin-aisle market leader because of its superior operating economics, unmatched range and preference among travelers' needs."

The 777 has a large installed operator base, and a track record of proven performance including 1,163 orders, 907 deliveries and a backlog of more than 250 airplanes.

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