Boeing today acknowledged a formal end date to 747 production. “We anticipate completing production for the iconic 747 in 2022,” said President and CEO Dave Calhoun during an earnings call with analysts. Let it sink in for a moment. Yes, the writing has been on the wall for some time now as the temporary low-rate production of six units per year introduced in 2016 has become permanent. Boeing has since then acknowledged it would move to end production absent “sufficient orders.” But the can was kicked further down […]
