Quantcast
Home » News
Home » News

Boeing reduces 747 production rate again

Published October 18, 2013 11:39 am
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Chicago • Boeing is reducing production of its 747 jumbo jet even more than planned, because of weak demand.

Boeing says it will now build 18 of the jets per year, or about 1.5 per month. The slowdown begins early next year.

Boeing had been building two per month but was already planning to slow down its 747 production line in Washington state early next year. The new slowdown announced Friday is an even deeper cut to production.



The Chicago-based company says it is still committed to the 747. It says it expects long-term growth for cargo planes to resume next year.

Boeing has been building 747s for 40 years. It rolled out a significantly revamped version in 2011, but sales have been less than expected, especially for the passenger version.

 

 

 

USER COMMENTS
Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
comments powered by Disqus