Boeing Increases 787 Dreamliner Production Rate To Four Per Month: Report

Boeing Co (NYSE:BA) has boosted its widebody 787 Dreamliner production target from three to four planes per month.
The aircraft maker’s ultimate aim is to increase the production to five a month by the end of 2023, reported Reuters.
Also, Boeing plans to add a second production line to the facilities in Charleston, South Carolina.
The facility at Charleston is slated to complete the modification of the 787 inventory to comply with U.S. Federal Aviation Administration standards.
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In April, the company reportedly expected 737 MAX jet to return to its 2019 production rate of 52 per month in 2025.
Price Action: BA shares are trading lower by 0.48% at $203.71 in premarket on the last check Wednesday.