Boeing Stock Dips Amid Plans for 787 Dreamliner Production Surge
Boeing (NYSE: BA) shares fell over 1.5% in Friday trading as investors reacted coolly to the aerospace giant's ambitious plans to ramp up production of its 787 Dreamliner. The company is investing heavily in its South Carolina facility, aiming to double output to meet rising global demand.
The FAA recently eased production caps that had constrained Boeing's manufacturing capacity. Now, the non-union South Carolina plant expects to add 1,000 jobs over five years, increasing monthly output from eight to sixteen Dreamliners. This expansion comes as Boeing struggles with ongoing quality and production issues affecting its 737 MAX program.