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    Death of 747 now 'reasonably possible' says Boeing

    This is a discussion on Death of 747 now 'reasonably possible' says Boeing within the General chat forums, part of the Community channel category; Death of 747 now 'reasonably possible' says Boeing Production cut, again, to just six a year as completed planes await ...

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      Death of 747 now 'reasonably possible' says Boeing

      Death of 747 now 'reasonably possible' says Boeing

      Production cut, again, to just six a year as completed planes await buyers

      Six months after slicing production of the iconic Boeing 747 to just one plane a month, the aerospace company has decided to halve the rate of production and flagged it is close to killing off the plane.

      A new Form 10-Q filed with the United States Securities and Exchange Commission spells out the ugly situation as “Lower-than-expected demand for large commercial passenger and freighter aircraft and slower-than-expected growth of global freight traffic have continued to drive market uncertainties, pricing pressures and fewer orders than anticipated.”

      Boeing has therefore “canceled previous plans to return to a production rate of 1.0 aircraft per month beginning in 2019.”

      The company still has “32 undelivered aircraft” on its books, some yet to be built. But it also has “a number of completed aircraft in inventory” for which buyers cannot be found.

      Production of the 747 will therefore been reduced just six planes a year as of September 2016 and the filing makes it plain that Boeing knows it may soon have a difficult decision to make.

      “If we are unable to obtain sufficient orders and/or market, production and other risks cannot be mitigated,” the filing says, “we could record additional losses that may be material, and it is reasonably possible that we could decide to end production of the 747.”

      The 747 remains a fine aircraft, but twin-engine planes can now match it for capacity and, crucially, for long flights over areas where airports are scarce.

      When passenger jets travel over such regions they are required to always be able to reach a suitable nearby airport with just one working engine. Until recently, that meant twin-engine jets had to wobble across the world to stay with two or three flying hours of an acceptable airport. Newer planes like the Boeing 777 and 787 are rated to fly for 330 minutes on one engine. Airbus new A350 can do so for 370 minutes. Those ratings make it possible for even very long oceanic hops (Sydney to Santiago or Johannesburg) in a two-engine plane.

      Now that twin-engine planes capable of taking on those roles, more expensive to acquire and operate quad-jets are less popular. Hence Boeing's trouble selling 747s and Airbus struggling to sell many more A380s.

      Which is not to say that twin-engine planes are an easy market: Boeing's filing also says the 787 is facing “production challenges, change incorporation on early build aircraft, schedule delays, customer and supplier impacts and changes to price escalation factors” that together add up to “significant pressure on program profitability.” And that's with demand for a dozen planes a month.


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      Re: Death of 747 now 'reasonably possible' says Boeing

      Almost a rip thread then


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      Re: Death of 747 now 'reasonably possible' says Boeing

      Quote Originally Posted by dholdi View Post
      Almost a rip thread then
      lol- Perhaps.

      Just checking a few facts in the 747...


      1. Known as the Jumbo Jet
      2. Initial designs were developed in 1964
      3. It first flew in February 1969
      4. First went into commercial service in 1970 with Pan Am
      5. Early models of the 747 had a high-speed flutter problem in the wings. Engineers solved the problem by placing depleted uranium counterweights in the outboard engine nacelles
      6. To date 1,543 have been built
      7. They have carried more than 3.5 Billion people
      8. 132 incidents, resulting in 60 losses and 3,718 casualties
      9. Two modified 747s were used to carry the Space Shuttle
      10. "Air Force One" is actually 2 separate 747s, along with any other aircraft that happens to be carrying the US President at the time
      11. Seating capacity can be as high as 660 passengers, but varies due to a variety of reasons such as carrier configuration and various different variations of the aircraft
      12. One 747 carried 1,087 people when evacuating people during the Operation Solomon
      13. It takes 90 Gallons of paint to decorate a single 747
      14. There are 14 stairs to the upper floor
      15. The Wright Brothers could fit their entire first flight inside a 747
      16. Originally it was expected that Supersonic flight would take off, so the Jumbos were built so they could easily be converted to cargo planes
      17. There are currently 365 dials and switches in the cockpit. This is down from the original 971!
      18. One 747 is used to fight fires. It carries 20,000 Gallons of firefighting chemicals

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