Boeing considers cutbacks in 777 and 787 production plans
Aren't you glad we gave them those tax breaks?
EVERETT — The next couple months will determine if the Boeing Co. can keep 777 production going strong through the decade’s end or if it needs to make fewer of the venerable widebody airplane, Boeing Chief Financial Officer Greg Smith said Wednesday.
He also indicated that the company might not raise 787 production from 10 a month today to 14 a month in the next few years as planned.
Smith’s cautious comments at the Jefferies Industrials Conference in New York mark a change from the consistently bullish tone Boeing executives have taken when asked whether there’s enough demand for widebody airplanes to meet the company’s planned production increases.
“Over the next couple of months, we’ll know” if 777 production rate has to be pared down, he said.
http://www.heraldnet.com/business/boeing-considers-cutbacks-in-777-and-787-production-plans/
