News Content
Boeing slows production of 747-8s, awaiting cargo rebound
US planemaker Boeing is slowing output of its largest aircraft, the humpbacked, four-engine 747-8, to a rate of 12 planes a year effective in March, four less than the current assembly tempo, according to the programme's general manager Bruce Dickinson.
The pace will not be picked up again until a rebound in the air cargo industry pushes up sales. The move marks the fourth time in two years that Boeing has scaled back production.
"We are optimistic that we have things in balance now and the cargo market is swinging back quite strongly," Mr Dickinson, reported Bloomberg.
Boeing expects an uptick in air freight demand over the last six quarters will mean new 747 orders, the only cargo-hauler capable of front-loading pallets via its hinged nose. The freighter version of the 747-8 lists for US$368.4 million.
The pace will not be picked up again until a rebound in the air cargo industry pushes up sales. The move marks the fourth time in two years that Boeing has scaled back production.
"We are optimistic that we have things in balance now and the cargo market is swinging back quite strongly," Mr Dickinson, reported Bloomberg.
Boeing expects an uptick in air freight demand over the last six quarters will mean new 747 orders, the only cargo-hauler capable of front-loading pallets via its hinged nose. The freighter version of the 747-8 lists for US$368.4 million.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
