Boeing will accelerate planned rate increases on both the 777 and 747 programs. The accelerated rate increases will support increasing customer demand in the recovering airplane market. The company will accelerate the 777 program’s rate increase to seven airplanes per month (from five per month) by approximately six months, from early 2012 to mid-2011. The 747 program’s planned production rate increase to two airplanes per month (from 1.5 per month) will move from mid-2013 to mid-2012. Suppliers for both the 777 and 747 will be prepared to support the accelerated rate increases.
Up to 26,000 jobs secured in Spain until 2060 with latest Eurofighter contracts
A recent study by Pricewaterhouse Coopers (PWC) shows clear indications that two Eurofighter programme contracts will secure up to 26,000 jobs in Spain. The study was funded by Airbus and took six months to complete. The report focuses on the economic impact of the ‘Halcon’ and ‘Quadriga’ contracts which are relevant to Spain. The report