- U.S. planemaker to partner with Commercial Aircraft of China
- Facility will help speed production of best-selling plane
Boeing Co. and Commercial Aircraft Corp. of China Ltd. will open a facility in China to paint, complete interiors of and deliver single-aisle 737 aircraft to Chinese companies, Boeing announced Wednesday.
The new plant will help speed jet deliveries from Boeing’s Renton, Washington factory as the company plots speeding production from the current 42 a month rate to 47 a month in 2017 and 52 by 2018 to meet “strong demand” for the world’s most fuel-efficient airplane, according to Boeing.
Executives from both companies and Chinese government officials are working toward a final business agreement and will announce the facility’s location and timing of first deliveries at a later date.
Boeing also said it would broaden its agreement with Aviation Industry Corp.
of China, a supplier, to add major component and assembly work packages.