Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

Boeing will halve jumbo jet production - Beeb

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

Boeing will halve jumbo jet production - Beeb

Old 23rd Jan 2016, 10:11
  #1 (permalink)  
Thread Starter
Join Date: Apr 2010
Location: London
Posts: 7,072
Likes: 0
Received 0 Likes on 0 Posts
Boeing will halve jumbo jet production - Beeb

The world's biggest plane maker, Boeing, will cut production of its 747-8 jumbo jet in half and take a charge of $569m (397m) in its fourth quarter.

Starting in September Boeing will slow the production rate to six planes a year from twelve. The four-engined plane is being overtaken in popularity by twin-engined craft which are more fuel efficient. However, the 747 will still be used for the Air Force One presidential fleet, which is due to be upgraded.

"Basically, the 747 line is slowly dying," said Richard Aboulafia, an aerospace analyst, from the Teal Group. "Boeing can't kill it right away, even if that makes economic sense, because they need to build the last few planes for the US Air Force presidential replacement aircraft program in a year or two," he added.

In recent years the 747 has been more popular as a cargo plane, rather than a passenger jet. Ray Conner, chief executive of Boeing Commercial Airplanes, said in a statement: "The air cargo market recovery that began in late 2013 has stalled in recent months and slowed demand for the 747-8 freighter."

Mr Aboulafia says a combination of factors has eroded demand for the jumbo. "The cargo market has had a very difficult few years, and shows no signs of growth. Meanwhile, the 747-8I passenger version was basically killed by the 777-9X, in much the same way that Airbus's A380 was gravely damaged by the A350-1000," said Mr Aboulafia.
Heathrow Harry is offline  
Old 23rd Jan 2016, 17:07
  #2 (permalink)  

Keeping Danny in Sandwiches
Join Date: May 1999
Location: UK
Age: 76
Posts: 1,295
Likes: 0
Received 0 Likes on 0 Posts
Are they building the left or right side
sky9 is offline  
Old 23rd Jan 2016, 17:19
  #3 (permalink)  
Join Date: Sep 2014
Location: Up and away in the mountains of Canada
Posts: 52
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by sky9
Are they building the left or right side
All depends on which party wins the election this year, democrats & they'll build the left wing, Republicans and they'll only build the right wing for the new airfarce 1!
Grizzz is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.