- 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.
- Also Read: Boeing Launches Data Tool To Aid In Emissions Reduction
- 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.
Trinseo Sees Q2 2024 Net Loss Of $(53)M-$(38)M; Adj EBITDA Of $60M-$75M
2024 OutlookSecond quarter 2024 net loss of $53 million to $38 millionSecond quarter 2024 Adjusted EBITDA of $60 million to $75 millionCommenting on the second quarter outlook, Bozich said, "We are seeing the positive