The Norman Transcript

Nation/World

October 25, 2013

Future in doubt for Boeing’s 747

NORMAN — For decades, the Boeing 747 was the Queen of the Skies. But the glamorous double-decker jumbo jet that revolutionized air travel and shrunk the globe could be nearing the end of the line.

Boeing has cut its production target twice in six months. Just 18 will be produced in each of the next two years. Some brand-new 747s go into storage as soon as they leave the plant. Counting cancellations, it hadn’t sold a single 747 this year until Korean Air bought five on Thursday.

Boeing says it’s committed to the 747, and sees a market for it in regions like Asia. But most airlines simply don’t want big, four-engine planes anymore. They prefer newer two-engine jets that fly the same distance while burning less fuel.

“We had four engines when jet engine technology wasn’t advanced,” Delta Air Lines Inc. CEO Richard Anderson said at a recent conference. “Now jet engines are amazing, amazing machines and you only need two of them.”

Delta inherited 16 747s when it bought Northwest Airlines in 2008. Northwest last ordered a 747 in 2001, according to Flightglobal’s Ascend Online Fleets.

1
Text Only | Photo Reprints
Nation/World
  • August begins with low gasoline prices

    NEW YORK — The gasoline price roller coaster is running a strange course this summer....

    August 2, 2014

  • Israel pushes deeper into Gaza after soldier is abducted

    GAZA CITY, Gaza Strip — Backed by tank fire and airstrikes, Israeli forces pushed deep into southern Gaza on Friday, searching for an Israeli army officer believed to be captured by Hamas fighters during deadly clashes that shattered an ...

    August 2, 2014

  • Target taps outsider as CEO for shakeup

    NEW YORK — Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers....

    August 1, 2014

  • Israel and Hamas agree to 72-hour hiatus to negotiate peace deal

    JERUSALEM — Israel and Hamas have agreed to a 72-hour humanitarian cease-fire beginning today, during which time there will be negotiations on a more durable truce in the 24-day-old Gaza war, the United States and United Nations announced ...

    August 1, 2014

  • India landslide kills 21

    NEW DELHI — Rescuers worked in rain today to dig through a remote village in western India where at least 21 people died as a landslide swept away scores of houses, possibly trapping many more people under debris, officials said....

    July 31, 2014

  • Israeli strike hits UN school

    GAZA CITY, Gaza Strip — Israeli artillery shells tore through the walls of a U.N. school crowded with sleeping war refugees and back-to-back explosions rocked a market filled with shoppers Wednesday as Israel’s stepped up campaign against ...

    July 31, 2014

  • Busted water main dumps 20 million gallons of water into UCLA’s Pauley Pavilion and adjacent garage

    LOS ANGELES — The rupture of a nearly century-old water main that ripped a 15-foot hole through Sunset Boulevard and turned a swath of the University of California, Los Angeles into a mucky mess points to the risks and expense many cities ...

    July 31, 2014

  • GOP-led House gives go-ahead for suit

    WASHINGTON — A sharply divided House approved a Republican plan Wednesday to launch a campaign-season lawsuit against President Barack Obama, accusing him of exceeding the bounds of his constitutional authority. Just a day before ...

    July 31, 2014

  • Senate approves new VA secretary

    WASHINGTON — The Senate on Tuesday unanimously confirmed former Procter & Gamble CEO Robert McDonald as the new Veterans Affairs secretary, with a mission to overhaul an agency beleaguered by long veterans’ waits for health care and VA ...

    July 30, 2014

  • Senate passes highway bill, sends it to House

    WASHINGTON — The Senate on Tuesday voted to change the funding and timing of a House bill to keep federal highway funds flowing to states in an effort to force Congress to come to grips with chronic funding problems that have plagued ...

    July 30, 2014