Boeing will make planes in every 10 hours! Technology

By 2020 Boeing is moving towards making planes every 10 hours.
Boeing chief Denis Muenelberg has said he plans to make more than 900 planes a year at the end of this decade. Currently the company is producing the planes at record rates. The goal is to further increase production in the future.

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Muenelberg said on CNBC Thursday, "The Aerospace and Defense giant company will create more than 900 planes annually by the end of this decade."

Boeing has provided 763 commercial flights in the previous year. This took 11 hours to take the time to create each plane. The company hopes to supply 810 to 815 planes this year.

"We see air traffic is increasing every year and traffic to six to seven percent of the passenger traffic is increasing, and the demand for planes around the world is increasing," said Boeing Chief.

Muenelberg also said that in the next 20 years "the number of planes will be doubled" where 41,000 new planes will be needed.

The number of new passengers is increasing with the plane. Every year 100 million passengers are traveling to Asia for the first time, he said.