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Boeing Opens Expanded Airplane Delivery Center

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Boeing (NYSE: BA  ) opened a new delivery center in Everett Washington on Wednesday, designed to deliver the company's 767, 777, 787, and 747-8 airliners. The expanded Everett Delivery Center, or EDC, boasts 180,000 square feet of space in order to increase efficiency over the older EDC, according to a statement released by the company.

The facility opens as Boeing expects its 787, the fleet of which has been grounded since battery problems emerged early in the year, to gain FAA-approval to return to the skies with commercial flights soon. Boeing signed off on an International Airlines Group order for 18 787s on Wednesday, a sign that customers are regaining faith in the Dreamliner.

Boeing Commercial Airplanes' senior vice president and general manager of Airplane Programs, Pat Shanahan, commented on the EDC's opening in the statement, saying, "Boeing is producing market-leading commercial airplanes at its highest rates ever ... The new facility enables us to meet growing demands and continue doing what our team does best – exceed customer expectations."

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9/23/2016 4:02 PM
BA $131.78 Down -0.09 -0.07%
Boeing CAPS Rating: ****