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Singapore Airshow: Boeing executive says 737 data to prompt serious look at higher output

Boeing must look seriously at raising 737 production based on current data, a senior company executive said on Wednesday.

Singapore Airshow, Boeing executive, Boeing 737,  Randy Tinseth 
Marketing Vice President Randy Tinseth said: "Right now I look out into the future, and we are oversold at those rates, so we are going to watch it closely in terms of meltaway."

Boeing must look seriously at raising 737 production based on current data, a senior company executive said on Wednesday. Asked at a Singapore Airshow briefing whether Boeing was considering increasing its planned production rate of 57 aircraft a month, Marketing Vice President Randy Tinseth said: “Right now I look out into the future, and we are oversold at those rates, so we are going to watch it closely in terms of meltaway.”

“If those numbers don’t go away, we have to think very seriously about that (increasing production),” he said. Meltaway is industry jargon for airlines that fail to take delivery or cancel orders. Manufacturers overbook, or sell more planes than they can produce, in the narrowbody segment in order to build in a buffer against such disruption. On Tuesday, Boeing and Airbus signalled they were looking at higher production rates.

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First published on: 07-02-2018 at 10:11 IST
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