Disappointing sales for Boeing newest 747 airliner could force the company to cut back the production pace on its Everett assembly line next year, the company said in a newly released filing with the federal Securities and Exchange Commission
The production rate increased from 1.5 to 2 airplanes per month in May 2012. Ongoing weakness in the air cargo market and lower-than-expected demand for large commercial passenger aircraft have resulted in pricing pressures and fewer orders than anticipated in 2012.
Read more here: http://blog.thenewstribune.com/business/2013/02/13/boeing-may-reduce-747-production-rate/
JOIN THE DISCUSSION | Register here
We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.