Boeing plans to boost production as airline industry recovers

Forecasting profitability in the airline industry next year, Boeing is stepping up production of large aircraft ahead of schedule. The company plans to accelerate production of wide-bodied 777 and 747 aircraft, increasing output to two per month. "We see 2010 as the year of overall economic recovery within the industry and 2011 a year where airlines return to profitability," said Randy Tinseth, vice president of marketing at Boeing Commercial Airplanes. "As a result, we anticipate an increase in demand for airplanes in 2012 and beyond."

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