Boeing, a multinational corporation that manufactures aircrafts, reportedly received a $10 billion deal with FedEx for additional 50 aircrafts. Thus, the plan in ramping up their production to 2.5 per month in the fourth quarter of 2017.

Currently, Boeing is producing 1.5 units per month. In the first quarter of 2016, the production will increase to two, until it reaches the 2.5 target, Reuters reported.

"Increasing the production rate in 2017 provides the flexibility needed to address additional commercial orders while meeting all of our customer requirements," a spokesman from Boeing was reportedly quoted by The Wall Street Journal, according to ECN.

As a result, Boeing may need to increase its employees. The company reportedly anticipates to create around 150 jobs for the development of 767 aircrafts.

"We are confident the market will support a long-term future for the 767," vice president and general manager Brad Zaback said in an internal memo reportedly seen by Reuters.

The order of 50 units from FedEx was received by the company in July, at a list price of $199.3 million per aircraft carrier, as per the report of BidnessETC.

The 767 twin-aisle aircraft, which was developed in the 1980s, can reportedly accommodate up to 290 passengers. It can be used as a cargo and can go in long-distance flights.

There are also reports  that Boeing is getting ready to launch a modified 767 that will serve as a refuelling tanker for the United States Air Force. It is due to supply the first 18 tankers to the government by Aug. 2017.

Boeing said that the order made by FedEx was the largest single purchase made for airplanes in its history. However, when a detailed review was done, it reportedly showed that over a year-to-date, the company only received orders from FedEx. 

Boeing is set to increase its production of 787 and 737, but it will reportedly decrease the output for 747, which suffered from sluggish sales.