The Traderszone Network

Published in TZ Latest News 8 September, 2014 by The TZ Newswire Staff

Boeing feels strong pressure to lift 737 jet output: CEO

Boeing Co (BA.N) Chief Executive Officer Ray Conner said on Monday the planemaker is feeling “incredible pressure” to increase the production rate of the 737 jetliner, another signal the company is poised to announce further rate increases beyond current targets. “There’s incredible pressure to go higher” in rate, Conner said at a news conference in New York to announce an $11 billion sale of 737 MAX planes to Irish low-cost carrier Ryanair Holdings Plc (RYA.I), starting in 2019.

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