Europe-based Boeing competitor Airbus last year had announced it was ending the use of its giant A380, the aircraft that had toppled the Boeing 747 as the world's largest passenger aircraft. Legal notice | The American airline plans to replace an aging fleet of Boeing aircraft with new, medium-range Airbus jets. In 1965, Joe Sutter left the 737 development program to design the 747, the first twin aisle airliner. After defining commercial air travel for more than five decades, the Boeing 747 will finally leave production, according to a report from Reuters. Even the new 747-8, which Boeing introduced in 2011, hasn't been enough to revive the production line. The long-range, wide-body jetliner entered service on January 21, 1970. Boeing Co. said Wednesday it will terminate production of its 747 line of jumbo jets in 2022 as the coronavirus pandemic saps travel demand and fuel-efficient models become a mainstay in the aviation market. Boeing currently only has eighteen 747s left on firm order. In the past year, there were only 20 or so outstanding orders for the 747, all of them for freight carriers. Boeing has said it will stop making its classic 747 plane and is eyeing steeper job cuts than those it has previously announced. "In light of the current market dynamics and outlook, we'll complete production of the iconic 747 in 2022," Boeing said in a press release. Designed in the 1960s, the Boeing 747 jumbo jet opened up intercontinental air travel to the masses. The sun is setting on the Boeing 747 as production will be coming to an end by 2023 after over 50 years, its manufacturer announced on Wednesday, and cargo airlines may have the most to lose. The sole manufacturer of fuselage sections for Boeing’s 747 program, Triumph Group, has begun parting out its California factory and yesterday began auctioning off equipment. The Boeing Company indicated during its second quarter earnings report on July 29 that the company would end production of the 747 four-engine jumbo jet in 2022. Not Built . Privacy Policy | After introducing the 707 in October 1958, Pan Am wanted a jet 2½ times its size, to reduce its seat cost by 30% to democratize air travel. There has been speculation that Lufthansa, and perhaps others, have value guarantees that were based on a certain minimum production time period so if Boeing ended 747 production before that date, they would have to make up any difference in value between the frame's actual market value if re-sold / scrapped and the guarantee. However, its popularity declined as airlines moved to smaller planes that offer more flexibility. Boeing To End 747 Jumbo Jet Production After More Than 50 Years: Report Demand for the iconic four-engine jet has dwindled in recent years and other factors have further pushed Boeing to … The 747, nicknamed the Queen of the Skies by fans, was first introduced 52 years ago, with a distinctive bulge to accommodate an upper deck. The US aerospace company will end production of the history-making aircraft, once the world’s largest passenger jet, by 2022. News Boeing to halt production of 747 jumbo jet after 50-year run. The end of the 747 programme comes with Boeing enduring one of the most difficult periods in its history, as it contends with the coronvirus pandemic’s dramatic effect on airline traffic, and the subsequent slump in demand for new planes. Read more:  Airbus to cut 15,000 jobs due to coronavirus setback. Aeroposta . Boeing has announced it will end production of its 747 airliner in 2022, signalling the end of the superjumbo era, as the US plane-maker braced for steeper job losses. Boeing is facing a difficult decision over its iconic 747 program. Whenever that inevitable moment comes it will be a sad end to a glorious era. “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. Boeing’s Everett Site is heralded as having the largest manufacturing building in the world, producing the 747, 767, 777, and the 787 airplanes. The news comes as the aviation industry grapples with fallout from the coronavirus pandemic. The Chicago-based company has lost about $40 million for each 747 since 2016, when it slowed production to a trickle, making just six jets a year, Jefferies analyst Sheila Kahyaoglu estimated. Braniff International Airways . After a month of rumours, leading from a July 1 Bloomberg article, Boeing has confirmed that it’s pulling the plug on the 747 Jumbo Jet program, with the last jets to be delivered in 2022.On the smaller end of the commercial jet spectrum, the troubled Boeing 737 MAX will see production cuts too. Analysts have said that the end of the 747 programme has been hastened by the coronavirus pandemic, which has put Boeing’s airline customers under even greater pressure and forced them to re-evaluate the usage of planes that rely on packing in hundreds of passengers to be profitable. Boeing reportedly plans to wind down production of its massive 747 jumbo jet, the end of an era for double-decker jets as airlines focus on smaller, more fuel-efficient aircraft. Read more:  Last Qantas 747 traces kangaroo flight path on farewell trip. Preserved . Our boeing 747 canvas art is stretched on 1.5 inch thick stretcher bars and may be customized with your choice of black, white, or mirrored sides. The Museum's aircraft was the first 747 ever built - serial number 001. Juan T. Trippe, 747. The International Air Transport Association, an American industry trade group, on Tuesday said it didn't expect air travel to recover to pre-pandemic levels until at least 2024. At more than 70 meters (230 feet) long and with a wingspan of almost 60 meters, it offered space for between 366 and 550 passengers, depending on how the seats were arranged. It succeeds the Boeing 737 Next Generation (NG). The last Boeing 747 will roll out of the Everett, Washington, plant in about two years, ending the more than five-decade production run of the legendary airplane known as the Queen of … You can find more information in our data protection declaration. Calhoun said Wednesday that the poor second quarter performance "means we'll have to further assess the size of our workforce.". Thousands of aerospace employees in Everett support aircraft fabrication and production, product development, aviation safety and security and airplane certifications. However, shortly after launch, a severe recession and the 1973 oil crisis put a lid on orders for the jet and several airlines grounded their 747s as they were too costly to fly. ", Send Facebook Twitter google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine, Read more:  Boeing, battered even before coronavirus, restarts in survival mode. Two years to fulfill commitments Boeing 747-8: 2005 / 2010: The largest variant, typically 467 passenger or as 747-8F Freighter. Pictured above is the wreckage of two 747s, which collided in March 1977 at an airport in Tenerife, killing 583 passengers and crew. Could Boeing end the production of the iconic 747? The Boeing 747 is a large, long–range wide-body airliner and cargo aircraft manufactured by Boeing Commercial Airplanes in the United States. About 27,000 Boeing workers in the Puget Sound area will return to production of the 747, 767, 777 and 787 jet programs. 13 Jul 1992 . Boeing chief executive, Dave Calhoun, warned on Wednesday that further job losses were needed beyond the plans to cut 10% of its 160,000 workers. The US aerospace company will end production of the history-making aircraft, once the world’s largest passenger jet, by 2022. 22235 . O… We use cookies to improve our service for you. Photo: Getty The 747 slowdown. The jumbo did have its fair share of disasters, including a bomb explosion on Pan Am flight 103 in December 1988 which killed 270 people over the small town of Lockerbie in Scotland. Buy boeing 747 canvas prints designed by millions of independent artists from all over the world. "The reality is the pandemic's impact on the aviation sector continues to be severe," CEO David Calhoun said. Photo: Getty Images. The agreement between United and Airbus deals another blow to Boeing after its 737 Max controversy. In April 1966, Pan Am ordered 25 747-100 aircraft and in late 1966, Pratt & Whitney agreed to develop its JT9D, a high-bypass turbofan. In 1986, a Pan Am jet was hijacked by four Palestinian men and flown to Frankfurt. The first 8 Intercontinental was delivered to German flag carrier Lufthansa. While the last passenger 747-8 rolled out of the factory in 2017, with 47 aircraft delivered, Boeing has still been producing its freighter variant, the 747-8F. Boeing will continue to produce the 747 at a rate of one every two months until the programme ends, with the US president’s Air Force One expected to be one of the last deliveries. The 747 was not only praised for its technical innovations, it also stood for glamor. The invention of the huge jumbo jet allowed the expansion of giant hub airports, where passengers could easily make long-haul journeys and then connect to regional airports on smaller planes. Shop for 747 art from the world's greatest living artists. The 747 is perhaps the most popular plane in Boeing's history. Once upon a time, the Boeing 747 was the staple of the long haul flight. All of them are -8Fs Boeing bundled the official announcement with news of the company's dismal second quarter performance. The company has built 747 fuselages for Boeing since the aircraft was launched in 1966. N612BN . Boeing 747-227B . ... Boeing 747-227B . When will the 747 production end? British Airways, Virgin Atlantic and Lufthansa are among the airlines which have retired their 747 fleets. It is based on earlier 737 designs, with more efficient CFM International LEAP-1B engines, aerodynamic changes including its distinctive split-tip winglets, and airframe modifications. The Southern California factory that has churned out fuselages for every Boeing Co. 747 jumbo jetliner is being sold for parts, potentially hastening the demise of the iconic aircraft. US airplane manufacturer Boeing will cease production of its 747 jumbo jet in 2022, the company announced on Wednesday, retiring the iconic passenger aircraft after over 50 years of service amid a coronavirus-induced crisis in the aviation industry. Choose your favorite 747 designs and purchase them as wall art, home decor, phone cases, tote bags, and more! It is also continuing efforts to return its bestselling 737 Max model back to service, after it was grounded in March 2019 following two fatal crashes. The Boeing 737 MAX is the fourth generation of the Boeing 737, a narrow-body airliner manufactured by Boeing Commercial Airplanes (BCA). 19638 . Production of the worlds most iconic aircraft, the Boeing 747, faces uncertainty, as its fuselage factory begins to sell manufacturing equipment. NTU. Reports: Boeing Set to End 747 Production “Boeing has not told employees, but the company is pulling the plug on its 747 jumbo jet, ending a half-century run. Boeing also said it plans to slow production of other models, delay an increase in output of its embattled 737 Max, and delay by one year until 2022 the introduction of a new large plane, the 777X. A spokesperson … Losses fell to $2.4 billion in the second quarter of 2020, Boeing reported on Wednesday, worse than investors had expected. | Mobile version, Last Qantas 747 traces kangaroo flight path on farewell trip, Boeing, battered even before coronavirus, restarts in survival mode, Airbus to cut 15,000 jobs due to coronavirus setback. The last 747-800 will roll out of a Seattle area factory in about two years,” reported Bloomberg on … However, unlike the half-century run for the successful jumbo jet, selling over 1,500 models, Airbus sold fewer than 250 A380s and pulled the plug after just 15 years — the sort of production run you would expect for a car, not a plane. The company is in still carrying out layoffs announced earlier this year, when it said it would reduce its workforce by 10%, or roughly 16,000 jobs. The 747 was first introduced 52 years ago with a distinctive bulge to accommodate an upper deck. Basis for VC-25B Air Force One. It first flew on February 9, 1969 over Western Washington. However, it’s been some years since it was seen in the livery of a US airline. ... Boeing 747-121(SCD) N747PA . It announced 12,000 of the cuts in May. It can carry 467 passengers in a typical three-class configuration and has a range of 7,730 nautical miles (14,310 kilometers). Such large planes have become increasingly unprofitable for airlines struggling with the high cost of jet fuel, when smaller jets can provide greater flexibility with lower overhead. "This pressure on our commercial customers means they are delaying jet purchases, slowing deliveries, deferring elective maintenance, retiring older aircraft and reducing spending — all of which affects our business and, ultimately, our bottom line. With a lounge serving cocktails, it promised a sleek and relaxed travel experience. The series is also available in variants for government and military use, including Air Force One for the US president. N609BN . Production end : Boeing 747-100/200/300/400: 1966 / 1969: 2009: The classic variants of the 747. Boeing lost $2.4bn (£1.9bn) in the three months to the end of June, as revenues slumped to $11.8bn (£9bn) compared with $15.8bn (£12.2bn) in the same period in 2019. Boeing 747 Production List. The first airplane to be dubbed a "jumbo jet," the plane with the signature hump could accommodate over 600 people. N747QC . Over the past five decades, Boeing's double-decker 747 jetliner has helped revolutionize global air travel. The end of the 747 comes with Boeing enduring one of the most difficult periods in its history, Last modified on Thu 30 Jul 2020 05.53 EDT. The 747 made its maiden voyage in 1969. Bloomberg sources say Boeing is ending production of its iconic 747 jumbo jet (specifically, the 747-8) in about two years. The latest passenger edition, the 747-8 series, was launched in 2012. L’avionneur a aussi officialisé mercredi l’arrêt de la production en 2022 de son mythique appareil 747, que les compagnies aériennes retirent peu à peu de leur flotte. Major US carriers like United Continental Holdings and Delta Air Lines have already said goodbye to the 747. It cited the inability of the United States and developing countries to contain the outbreak. Like the even bigger Airbus A380 (in the foreground), the 747 no longer meets the economic requirements of airlines that prefer long-haul, dual-engine aircraft such as the A350 or the Boeing 777 and 787. Boeing 747 Production List. “Regretfully, the prolonged impact of Covid-19 causing further reductions in our production rates and lower demand for commercial services means we’ll have to further assess the size of our workforce,” Calhoun said in a memo to all Boeing staff . Boeing has announced it will end production of its 747 airliner in 2022, signalling the end of the superjumbo era, as the US plane-maker braced for steeper job losses. All 747 artwork ships within 48 hours and includes a 30-day money-back guarantee. Boeing plans to shutdown its Everett production of the 787 Dreamliner and 747. In 2016, Boeing said it could end 747 production amid falling orders and pricing pressure. Later, this aircraft served as a testbed for 747 systems improvements and new engine developments for other Boeing commercial jets, including the state-of-the-art Boeing … © 2020 Deutsche Welle | US airline Pan Am bought 25 planes and got to make the first commercial voyage from New York to London. Contact Calhoun said it would take at least three years for airline passenger numbers to return to pre-pandemic levels.