Boeing plans to add a new 737 Max production line to meet strong demand

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Boeing plans to add a new 737 Max production line to meet strong demand
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Boeing is planning the new production line at the company's Everett, Washington, factory.

The new line will be housed in Boeing's massive Everett, Washington, factory, where it has been reworking some of its 787 Dreamliners and producing 777s and 767s. Until December, it had also been producing the"This undertaking is significant," Stan Deal, CEO of Boeing Commercial Airplanes, said in a note to staff, which was seen by CNBC.

Boeing has been eager to increase production of the 737 Max, but CEO Dave Calhoun has said the company is hesitant to ramp up output too quickly because of labor and supply chain strains. It is currently producing around 31 of the jets a month and last week said it is aiming for a rate of 50 a month in the "2025/2026 timeframe." The manufacturer plans to hire around 10,000 workers this year, it said in a filing on Friday.

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