Wednesday 2 December 2015

The jumbo jet faces a make or break year

The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway. Last year, there were zero orders placed by commercial airlines for new Boeing 747s or Airbus A380s, reflecting a fundament


Boeing to cut 747 production rate

Boeing has announced that it was notching down the production rate of its biggest plane, the iconic bubble-top 747, due to slack demand.   The slowdown won't affect financial forecasts for Boeing, analysts sa


Boeing, Cargolux blame contract snag for 747 delay

Boeing scrambled on Monday to iron out contract problems that forced it to postpone delivery of a 747 jumbo jet for the first time in its 40-year history, driving down its shares. The US planemaker was due to deliver the first freighter ve

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