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Jumbo Production Fading

Jumbo Production FadingJumbo Production Fading

US aircraft maker Boeing is throttling back production of its biggest jet, the Boeing 747-8 Jumbo, and Europe’s Airbus is likewise making fewer giant A380s, DW reported. But experts say big jets may make a comeback in a decade or so. Boeing’s head of passenger aircraft production, Ray Conner, announced Friday in New York that the company would reduce its annual production rate of Boeing 747-8 “Jumbo” jets down to six aircraft per year from 24 as previously planned. At the moment, there are just 121 Jumbos left on Boeing’s order books. Most of them are 747-8F models, which are freight carriers rather than passenger aircraft.

 

Financialtribune.com