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Boeing plans to increase 767 production rate

Boeing 767 assembly line in Everett, Washington Boeing announced that it will increase the production 767 aircraft to meet the 50 addit...

Boeing 767 assembly line in Everett, Washington
Boeing announced that it will increase the production 767 aircraft to meet the 50 additional 767 freighters ordered by FedEx.

Boeing says the 767 production rate would be increased to 2.5 airplanes, starting in the fourth quarter of 2017.

The company currently produces the 767 at a rate of 1.5 per per month, which will be increased to 2 per month in 2016.

The 767 program has a healthy backlog extending midway 2020s, and sales campaigns are ongoing. Earlier this year, Boeing introduced an engine performance improvement package (PIP) that will provide an additional 0.5 percent fuel efficiency improvement.

The 767, which first flew in 1981 was Boeing's first widebody twinjet airliner and debuted a two crew glass cockpit.

Boeing has delivered more than 1000 of the type, which is currently popular as a freighter.

A modified version of the 767 is being developed by Boeing for the U.S. Air Force's next generation tanker aircraft named the KC-46A.

Boeing is on contract to deliver the first 17 KC-46A tankers to USAF by August 2017.