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Boeing to increase deliveries this year

Boeing plans to lift commercial aircraft deliveries by at least 10% this year.

The US manufacturer is increasing production and aims to deliver between 715 and 725 jets to airlines and leasing companies in 2014, compared with 648 last year.

Boeing aims to supply 110 B787 Dreamliners to customers this year, increasing deliveries by 69% over 2013.

The company reported revenue of $23.8 billion for the final three months of 2013, up 7% on the same period in 2012 and net profit rose 26% to $1.2 billon.

Boeing recorded full year revenue up 6% to $86.6 billion and a profit up 18% to $4.6 billion.

Chief executive Jim McNerney, Boeing’s chief executive, said the company’s fourth-quarter figures “underscored an outstanding full year of core operating performance that drove record revenue and earnings”.

McNerney said he had not seen evidence that slowing economic growth and currency volatility in some emerging markets were having a negative impact on Boeing’s jet order book, the Financial Times reported.

The 2013 performance highlights how Boeing recovered from the grounding last January of the Dreamliner after lithium-ion battery fires on two aircraft.

The three-month grounding was lifted after Boeing modified the battery system and these changes appear to have contained an incident on a Japan Airlines’ Dreamliner this month.

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