Boeing Co could end production of the iconic 747 aircraft as the world's biggest plane maker fights falling orders and pricing pressure on the plane, according to a regulatory filing on Wednesday.
Boeing also cancelled plans t
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 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 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