(MENAFN) Boeing Co., rebounding from the 787 Dreamliner's three-month grounding, is moving closer to a further production increase that would reward investors by freeing up billions of dollars for dividends and buybacks. While the plane-maker isn't discussing goals beyond 2013, Boeing will need a faster rate to fill more than 800 Dreamliner orders and make room for a stretched version of the jet by 2020. Analysts surveyed by Bloomberg project the pace will reach 14 a month as soon as 2015, up from Boeing's target of 10 by year-end.
Building the additional planes would boost annual revenue by $6.7 billion, based on a Bloomberg Industries estimate. That would benefit investors because Boeing has targeted a payout of 80 percent of free cash flow in dividends and share repurchases, such as the $3.6 billion plan restarted in December after its suspension during the Dreamliner's 3 1â„2-year delivery delay.
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