SEATTLE: Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end for a plane that democratized global air travel in the 1970s but fell behind modern twin-engine aircraft, industry sources said on Friday.
The last order for a passenger version came in 2017, when the U.S. government asked Boeing to repurpose two 747-8 jetliners for use as Air Force One by the U.S. president. "At a build rate of 0.5 airplanes per month, the 747-8 program has more than two years of production ahead of it in order to fulfill our current customer commitments," a Boeing spokesman said."We will continue to make the right decisions to keep the production line healthy and meet customer needs," he added.
The death of the 747 program could also mean charges and layoffs for halting production at the mammoth wide-body plant outside Seattle. It could also have financial implications on newer programs such as the 787 Dreamliner and the latest model of 777, which would have to bear a larger share of the plant's huge overhead if the 747 line went dark.
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