May 4 (Reuters) - Magellan Aerospace Corp
* Magellan aerospace corporation announces financial results
* Q1 revenue c$247.2 million versus i/b/e/s view c$259.8 million
* Magellan aerospace corp - qtrly earnings per share c$0.68
* Magellan aerospace -production rates for b737 and b737 max programs expected to increase from current 42 aircraft/month to 47 aircraft/month in q3 of 2017
* Magellan aerospace corp says traditional regional aircraft market is not expected to change in 2017
* Q1 earnings per share view c$0.40, revenue view c$259.8 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:
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