Boeing Adjusts 747-8 Production Rate | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.26.15

Airborne 01.26.15

Tuesday

Airborne 01.27.15

Airborne 01.27.15

Wednesday

Airborne 01.28.15

Airborne 01.28.15

Thursday

Airborne 01.22.15

Airborne 01.22.15

Friday

Airborne 01.23.15

Airborne 01.23.15

Mon, Apr 22, 2013

Boeing Adjusts 747-8 Production Rate

Lower Market Demand Cited For The Move

Boeing will adjust the production rate for the 747-8 program from two airplanes to 1.75 airplanes per month because of lower market demand for large passenger and freighter airplanes. Boeing will continue to monitor market conditions and their effect on production rates moving forward. The company expects long-term average growth in the air cargo market to resume in 2014, and forecasts a demand for 790 large airplanes (such as the 747-8 Intercontinental) to be delivered worldwide over the next 20 years.

The 747-8 family provides airlines with double-digit improvements in fuel burn, operating costs and emissions, while being 30 percent quieter and adding more capacity. To date, there are 110 orders for passenger and cargo versions of the 747-8, 46 of which have been delivered.

The first delivery of an airplane at the new production rate is expected in early 2014. The production rate change is not expected to have a significant financial impact.

At the end of last year, Boeing reportedly had 67 unfilled orders on the books for the stretched version of the 747. Those included 39 freighters and 28 Intercontinental passenger aircraft. The company is building at a rate of 24 per year currently, but all of the delivery slots for 2014 have not been claimed. Boeing said if it is unable to fill those slots, it will have to cut the number of airplanes coming off the assembly line.

(747-8 Intercontinental image provided by Boeing)

FMI: www.boeing.com

Advertisement

More News

AeroSports Update: Discovery XL-2 Production Is Underway

Discovery Aviation Announced That Production Of The New Discovery XL-2 Has Started If you are looking for a newly manufactured 2-place airplane suitable for the private owner or fo>[...]

Airborne 01.28.15: AMA Steps Up, AirAsia Stall Warnings, Obama Wants Carbon Cuts

Also: Ridiculous Arkansas Regs Proposed, Tecnam Juggernaut, New EC135 T2+ Training Helo, NBAA Joins 'Know Before You Fly', Wipaire Grand Opening, AirVenture SkyDive Record As the m>[...]

Airborne 01.28.15: AMA Steps Up, AirAsia Stall Warnings, Obama Wants Carbon Cuts

Also: Ridiculous Arkansas Regs Proposed, Tecnam Juggernaut, New EC135 T2+ Training Helo, NBAA Joins 'Know Before You Fly', Wipaire Grand Opening, AirVenture SkyDive Record As the m>[...]

Piper Aircraft Launches M500 With Latest Garmin Avionics

Caldecott Says New Meridian Features Electronic Stability Protection, Underspeed Protection, Other Safety Improvements Piper Aircraft has introduced its newest top-of-the-line M-Cl>[...]

Airborne 01.27.15: USCG Rescue!, Two Eagles Over Pacific, UAV v White House

Also: Hartzell/Red Bull, GA Coalition, Aero-Calendar, Commemorative Air Force, Sarah Brightman To ISS, Hot Air Balloon Endurance Record The pilot of a single engine Cirrus SR22 air>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC