Then end of an era approaching...
Boeing to pull the plug on its 747 jumbo jet
Boeing to pull the plug on its 747 jumbo jet
(Reuters) - Boeing Co (BA.N) is pulling the plug on its 747 jumbo jet, Bloomberg News reported on Thursday.
The 747 democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets.
The last 747-8 will roll out of a Seattle area factory in about two years, according to the Bloomberg report.
When contacted by Reuters, Boeing did not confirm the Bloomberg report.
“At a build rate of 0.5 airplanes per month, the 747-8 program has more than two years of production ahead of it in order to fulfill our current customer commitments,” a Boeing spokesman told Reuters.
“We will continue to make the right decisions to keep the production line healthy and meet customer needs.”
The 747 democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets.
The last 747-8 will roll out of a Seattle area factory in about two years, according to the Bloomberg report.
When contacted by Reuters, Boeing did not confirm the Bloomberg report.
“At a build rate of 0.5 airplanes per month, the 747-8 program has more than two years of production ahead of it in order to fulfill our current customer commitments,” a Boeing spokesman told Reuters.
“We will continue to make the right decisions to keep the production line healthy and meet customer needs.”
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