Boeing to hike 737 production rate to 52/month in 2018

• In response to strong market demand, Boeing (BA +0.6%) will increase production of its 737 program to 52 airplanes per month in 2018. Boeing currently produces 42 airplanes per month at its factory in Renton, Washington.
• The company previously announced plans to increase the production rate to 47 airplanes per month in 2017.