Boeing Bold Ascent: Boeing (BA.N) wants to make 57 of its best-selling 737 narrow body jets monthly by July 2025. This would be the most ever. Insiders who know what’s going on have quietly told others about this ambitious plan, which is being helped by increased orders and Boeing’s comeback from the 737 MAX crash.
This planned peak is a comeback from the bad things that happened in 2019. After two terrible plane crashes, the 737 MAX was stopped worldwide, which messed up Boeing’s previous production goals.
Boeing and its European competitor Airbus (AIR.PA) are setting ambitious output goals in the highly competitive aviation industry. They are doing this to take advantage of the rise in plane demand and air travel. Airbus is doing better than its American competitor, especially in how quickly it makes famous single-aisle planes.
This secret information came from the company’s inner group. It was put in the most recent version of Boeing’s master schedule for suppliers.
As is usual for Boeing, there are no public statements about these secret activities.
The secret plan is told step by step. The plan calls for jets to increase to 42 per month by December 2023. This aligns with Stan Deal, the head of Boeing Commercial Airplanes, said on Bloomberg TV in June. There will be 47.2 jets by June 2024 and 52.5 aircraft by December 2024. In July 2025, the beautiful beat of 57.7 jets every month will be heard as the crescendo ends.
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Before the trouble with the 737 MAX in 2019, Boeing made 52 737s every month and was on its way to the desired 57 mark. Even though Boeing’s official release in November set the production goal at 50 per month for 2025 and 2026, the company’s CEO, Dave Calhoun, has hinted that the number could be raised to 60. This would be possible because the order book is getting bigger, as shown by a big deal Air India signed this year to buy nearly 200 MAXs.
During an earnings call in July, Calhoun talked about how excited he was and how much he wanted to reach the peak of 60 deliveries. Even though the market looks good, Calhoun is cautiously hopeful. In the second half of 2024, Boeing will need to show that its supply chain is stable and that the upward trend is likely to continue.
Even though supplier schedules are flexible and can change due to several factors, the plan that has been made public is a signal and a key indicator for the supply chain environment. Because of this secret information, smaller companies are more likely to make strategic investments. This upsets the delicate balance between financial restraint and industrial drive.
In July, it was confirmed that Airbus across the hall was making more planes. The A320neo family, which has always been a best-seller, wants to hit 75 aircraft per month by 2026. This is a sign of the careful development that corporate management praises. Each part of the aviation saga has big goals and soaring metal melodies.
Our Reader’s Queries
What was the first pressurized aircraft?
The Boeing 307, which took its maiden flight in late 1938, was a game-changer in the aviation industry. It was the first-ever airliner to feature a pressurized fuselage, allowing for a more comfortable flying experience for up to 33 passengers. The aircraft could cruise at an impressive altitude of 6,096 meters (20,000 feet) while maintaining a cabin pressure of 2,438 meters (8,000 feet). This innovation set a new standard for air travel and paved the way for future advancements in aviation technology.
What are airplane cabins pressurized to?
When flying at cruising altitude, the cabin pressure on a plane is typically around 11 to 12 PSI. This level of pressure is similar to what you would feel on a mountain that’s between 6,000 to 8,000 feet high.
How does airplane pressurization work?
When the jet engines draw in air, a portion of it is directed into the cabin of the airplane. This air is cooled and humidified, which adds moisture to it, before being circulated throughout the cabin. The airplane maintains an optimal pressure level once the cabin reaches it.
Who owns Boeing?
Boeing (BA) Ownership Breakdown
Institutional Investors hold the majority of Boeing (BA) stock at 55.36%, while Insiders own a mere 0.84%. Public Companies and Individual Investors make up the remaining 43.80%. This diverse ownership structure includes institutional, retail, and individual investors.