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Boeing Tests Suppliers On 787 Output Hikes: Reuters

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Boeing Co (NYSE: BA) is said to be testing suppliers' capacity to meet 787 Dreamliner output scenarios as high as seven a month by end-2023, Reuters reported, citing three people with knowledge of the matter.

Boeing has discussed ambitious scenarios with parts makers as it surveys an industry crippled by successive crises and now facing labor and materials shortages deepened by Russia's invasion of Ukraine.

Related: Boeing Registers 22 Aircraft Deliveries In February

Boeing's recovery plan could see it increase the current monthly rate of two 787s to three around May and four around November.

The report also cited Jefferies analyst Sheila Kahyaoglu that estimated monthly output would stay at two in 2022, rising to 3.5 in 2023 but remaining below 5 "to facilitate the burndown of inventory."

Also read: US Federal Aviation Administration Finalizes Boeing 777 Safety Directives After Fan Blade Failures: Reuters.

Price Action: BA shares trading higher by 0.25% at $178.84 on the last check Friday.

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