Boeing (BA -2.8%) CEO Jim McNerney says the company is "effectively sold out" of new commercial...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA -2.8%) CEO Jim McNerney says the company is "effectively sold out" of new commercial aircraft through 2012, with customers for some models facing a longer wait. The company this week announced plans to boost production of its best-selling 737 later this year, and assembly snags in the delayed 787 program are "improving."