UPDATE 1-Boeing expects slower increase in 787 production rate and deliveries, memo says [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
April 22 (Reuters) - Boeing expects a slower increase in the production rate and deliveries of its 787 widebody jets as the U.S. planemaker wrestles with supplier shortages "on a few key parts," an executive on the program told workers on Monday. Boeing still plans to steadily increase its rate to meet "strong demand," according to the memo seen by Reuters from Scott Stocker, 787 vice president and general manager, to workers at its South Carolina facility. "We continue to manage through supplier shortages on a few key parts," the memo said. "To that end, we have shared with our customers that we expect a slower increase in our rate of production and deliveries." Boeing said its 787 production rate was five per month during the last quarter of 2023. Boeing, which reports earnings on Wednesday, faces scrutiny over the manufacturing of its 777 and 787 widebody jets after company engineer Sam Salehpour spoke out last week at a U.S. Senate hearing. Salehpour has claimed Boeing
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