Boeing’s 747 facing uncertain future
Nov. 4, 2013, Chicago, Il. - For decades, the Boeing 747 was the Queen of the Skies. But the glamorous double-decker jumbo jet that revolutionized air travel and shrunk the globe could be nearing the end of the line.
November 4, 2013 By CTV News
Boeing has cut its production target twice in six months. Just 18 will
be produced in each of the next two years. Counting cancellations, it
hasn't sold a single 747 this year. Some brand-new 747s go into storage
as soon as they leave the plant.
Boeing says it's committed to the 747, and sees a market for it in
regions like Asia. But most airlines simply don't want big, four-engine
planes anymore. They prefer newer two-engine jets that fly the same
distance while burning less fuel.