“Right now, I would not point to you any supply chain constraints relative to moving to rate 52.”

In context

“Kelly Ortberg (President and Chief Executive Officer): Okay. Doug, let me — this is Kelly. Let me take the rate increase part of the question, and I'll let Jay talk about the margin improvement. So you're right, we're in the process of moving to 47. That's all within our plan. One thing I'll just note is we also, with the Renton line we'll be going through a period here this summer where we'll be stabilizing at rate 47 in Renton and then bringing on the production line in Everett, which we want to have producing to move to the rate 52. Right now, I would not point to you any supply chain constraints relative to moving to rate 52. I think from 52 to 57 is where we'll start to see more balance in our inventory levels where the supply chain is going to need to be performing quite well. But I think right now, there's nothing I would point that says there's anything I'm overly concerned about. In our internal shops, it's working on wings. Wings tends to be the area that we need to see improvement as we move up in rate. We've got flow improvements in place. And so far, that looks pretty good. So I'd just say let's watch how we do at rate 47. That will inform rate 52. And like we've said all along, we'll go when we're ready. I just also would say that I think it's going to get harder as we go from 52 to 57 and then beyond that. We'll just have to see how well we're all collectively doing and how stable the production system is. But look, we're on our plan. Our plan is working. We're going to continue to execute in the same way we have as we've moved from 38 to 47.”